Over the long run that approach I believe will lead to less rent collected overall.

There was an agent who assumed the role of property manager, handling rent collection, but failed to pass the payments onto the owner.

I haven't bought since 2015 just living in retirement collecting rent.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

They also have one sole focus & that is to take care of the property, collect rents & stay on top of every day issues that occur.  

We collect payments through our in-house loan servicing and pay underlying mortgage.  

I am in Cape May, and we are allowed to do as we wish down here, although the season is a 7-day minimum.You actually stand to do well and have less expenses and wear and tear from multiple turnovers, but those 30-day tenants don't grow on trees, so you are going to want to market hard.Please tell me you aren't relying on AirBnB in NJ - Tenants pay 20-30% more here and you get none of that overage - booking direct saves them that service charge and taxes, so you could actually up your rent and collect more yourself and they'd save $$.

This thesis statement was driven by the collective understanding that there are significant rental inventory supply issues in most markets in the country.

With no experience and little knowledge in real estate, is there a strategy I should consider just to get the ball rolling and collect knowledge?

BP, I've been on a long search for technology and applications that allow me to automate parts of the tenant journey (leads, apt tours, screening, rent collection...).