Any insight into what’s commonly accepted would be great.Thanks in advance for any tips or experiences you can share.

BiggerPockets groups —lots of solid resources and a supportive community here or at local REI meetups; you'll find folks willing to share tips (and maybe even some potential partners).Here are some other strategies that could also help you scale faster:Partnerships/Joint Ventures: Teaming up with others, especially experienced investors or people with capital but limited time.

I would appreciate any knowledge share, or tips and advice on where to gather information to properly estimate for such a project. 

@Josh CaughranWelcome to the community and be ready for a huge amount of information at your finger tips.

3) If a flipper, what was the quality of their renovations?

Any tips or resources are appreciated.

It does seem competitively priced for the area.If anyone has insights into how the existing HELOC might impact the mortgage assumption or tips for negotiating on a deal like this, I’d greatly appreciate it.

However, with the frequent incidents and the persistent odor, even after cleaning, I’m beginning to wonder if this has become the norm for STRs in urban areas.Any advice or tips on how to prevent this would be greatly appreciated!

Quote from @Gabriel Juarez: I’m turning 20, any tips for anything to do with real estate?

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?