I would recommend buying a standard SFH with opportunities for an ADU, or a split floor plan where you could rent out the rooms!

Grocapitus had an ephipany about industry standards? 

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?

I also have some investor agents that send me off market deals via email on a weekly basis – which are also good to practice deal analysis. 

@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?

We share best management practices, systems & tools, and our networks.

To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.

New landlords may think that's standard given that the booking and listing platforms are pushing it.

If there is not enough STRs in the market you are in then you have to adjust business practices.