You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

We would be looking to get into something in the $350,000 to $600,000 range.

Just trying to get favorable terms as compared to conventional loans.

It's still possible to BRRRR now, but the deal has to be muuuccchhh better and those are just much harder to find.People are still making it work in real estate though, primarily by getting more creative and often needing to add even more value to make the numbers work.

You can beat out others and get it done for less. 

You need a repair partner who can get out immediately and has quick access to replacement parts (if not already in stock). 

There definitely is better but I wouldn’t say one is bad." ....This is a misconception that gets many in trouble. 

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

But you get out of it what you put in, in terms of effort and time. 

I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.