Or you actually do double duty as an accountant preparing returns?

Right now we are still lower then that - causing a sellers market  - watch as this increases to look for opportunity and there are more but do some research to learn about these indicators so you can be prepared for not IF the market changes, but WHEN it changes.  

Make sure they sign a lien waiver per your state law6) Prepare yourself for all the heartache and agony you will be going through.

. - be prepared for 3-6 month contracts that have the ability to extend, but it's not a guarantee.- Accept pets and be flexible on deposits because it will set you apart from other STR landlords. 

Hire compentent legal counsel familiar with your local market to assist with the agreement preparation.

Be prepared to negotiate on price, terms, and repairs to secure a favorable deal.

I can prepare a tax return but I hire an accountant because they are experts.

As for your recommendation, saving up money, minimizing almost all of my costs, and working multiple jobs has been my mojo for quite some time now and I am simply preparing for the time to find a decent property in a decent area to invest in. 

Keep in mind tax preparation fees as well as you grow as you will now have  state tax return needing to be filed as well as the federal. 

Be prepared to file IT-203 Non resident tax return.