Any tips, tricks or strategies you're implementing on your luxury STR vacation rental that has boosted ROI? 

My ultimate goal is to become a real estate investor, except I don't have any prior experience in this industry and am still a bit lost as to where to start.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

We would NOT need to order a 1007 market rent report if we had either:1st months rent and security deposit2 months of rent deposits (canceled checks)If it’s a departing residence we could only use rental income to offset monthly payment (we couldn’t use extra income if 75% of the lease was 3,000 and mortgage was only $2,500 I couldn’t give $500 of income to boost DTI unless he has moved out of the home for some time and we have 1 year of history of being a landlord (which it sounds like we do, just not sure if he’s just moving out of this home).

They can just as easily change their move out which may ultimately hurt you financially more in the long run if they are delinquent. 

Career ShiftGetting your RE license and starting as a part-time agent is a great way to boost your income and build your real estate knowledge.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

Ultimately, my goal is to not have my wife and I work a typical job until we're 65.Does this strategy make sense?

He is ultimately responsible for the property and oversees the management company.

If so, please do tellThat is the ultimate question.