Learn how to to screen and select a quality property manager that won't cheat you or mismanage your property (they do exist).

Poor condition or bad location and therefore not marketable to quality and respectful tenants? 

Regarding investing remotely:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

It might help you out if you're a hammer swinger type guy who can produce workmen like quality results versus homeowner DIY results.Someone who has been in this business for awhile , and brings a lot more knowledge , and contacts to the deal we'll have a lot better chance at performing a turn around on the property then to someone who is new and inexperienced. 

Facebook rarely provides quality applicants.

I will change the way I am doing my research based on the tips shared.  

Purchase price: $155,000 Client bought a condo in July 2023 to have as a Air BNB property.

You gave me some quality information I hadn’t heard of a direct booking strategy for repeat guests before.

But I decided to test the Air BNB venture.

Any tips from people who toggle between the two would be so appreciated.