The key is having a clear plan and taking action.Start by building a strong team—find contractors, realtors, and property managers you trust.

Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

Networking is key—try connecting with local investors, joining real estate meetups, or hopping into online groups to learn more and build relationships.

U may also consider cash for keys so long as agreement is in writing.

Have sold several in the area breaking even turn key or 3-5% cash on cash return after renovation on first year.

@Michael NguyenI'll focus on one key point between the two.  

The key is upgrading your life, your property, your cash flow, your wealth.

If I could offer one key piece of advice, it would be to focus on building your CORE 4: a great realtor, contractor, attorney, and property manager.

No more frantic late-night calls or worrying about key exchanges—just smooth, hassle-free arrivals.Avoiding Double-Booking Nightmares: Double bookings can ruin a guest's stay and hurt reviews.