It cost money to own a house and people normally allocate a percentage of the revenue towards repair, capex, vacancy and property management.

Instantly I can tell the hottest markets from the normal and cold ones, and separately determine which one's I am priced out of due to crazy high values.I'd suggest a similar value-based approach if you have the data to calculate on to identify a few markets to start looking for deals in, but remember this is still too broad of analysis to make a go/no-go decision on the projects you find.

They normally charge a larger percentage of income because STR are much more involved than LTRs.

You could turn the matter over to a collection company (including law firms that do collections on contingency), but normally, they charge a very high percentage of what they recover, and you normally have to authorize them to settle for any amount the want to.

Looking for help and suggestions on things that you have found beneficial to add to the normal lease.

Chris  TC =  A person who may or may not be licensed ( this is Oregon and WA laws) who assist the agents in many aspects of the transaction. they are normally Dependent independent contractors .

Still, even breakeven with nothing down is quite an achievement IF you’re NOT paying an over market price in exchange for the owner financing of what would normally be your down payment.  

And FWIW, after managing tons of cleaning vendors for HUD and others in my past life, my approach is that you get what you pay for, that you should pay a little more than the average for your market if you want your cleaner to be a partner to your business (and that such will pay for itself), that you should thank and appreciate them often, that you should make them feel free to reach out for bonus requests but also should decrease the frequency of such by not reducing their comp when they encounter easier-than-normal cleanings, and that you should pay them immediately after the cleaning.

Normally, families look for suburban life.

Since the rush was there, the rents increased drastically and priced out local tenants who normally live at a place longer than 12-24 months creating vacancies due to rent increase YOY.