The key is to understand the capital stack, who is in line in front of you and what are their terms.The people who are getting burned may have known there was debt in front of them, but did they know it was short term or variable - did they know all the details to make a good judgment on the investment.If a property had 20 year fixed debt at 70% would you take that over 3 year debt on a variable rate at 50%? 

With that type of income you can buy rentals with cash in a short amount of time anyways.

@Yezenia HernandezI started with pre-construction short-term rentals in the Riviera Maya, since it's Mexico's and one of the world's main tourist destinations and so the profitability has been very high there.

Coupled with tailored marketing efforts, these enhancements attracted buyers and significantly increased the property’s profitability.

@Jason Stofer if you don't have a support structure to tap into... the unhappy answer is that there is no short cut. 

DT Long Beach: beachy urban setting with smaller units 1bdr; close to tourist attractions, and thinking I can STR one unit; BUT high crime rate (90 percentile); properties are older but more attractiveIs it better to go into a slightly better neighborhood in boring Riverside or a more crime ridden area of cool kid Long Beach?

Rex (Real Estate agents and sellers to optimize listings, attract buyers and close deals efficiently) 5.

Find a realtor that knows the transitioning areas, there are a lot of "not-so-nice" areas in South Bend that would not work for short term rentals, but there are also plenty of great neighborhoods.

Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.

I recently financed three new builds in the Jasper area near Big Canoe and I'll be heading up with my family shortly after Christmas for a "tour".