Ensuring that you have, and continuously maintain, a safe property for guests, is barely even an afterthought for most STR investors.

For example, I was looking in Cape Coral and there were nice modern homes with swimming pools doing barely $30k, whereas a pool in many other markets is a major advantage.

The 4th ward rentals are mostly owned by absentee landlords who treat getting citations from the city as a to-do list for bare minimum upkeep.

They were distributing barely 2% for the past year and now have paused distributions this quarter.

Unless you're charging bare-bones prices, someone will want to control their own comfort.

If you're earning, they might show they care a little, but they're more focused on the next batch of agents to recruit.Mom & pop experience: the broker barely answered my calls but when she did, I had already found the answer myself OR she was able to share something I couldn't find on my own - experience.This helped me become very resourceful as it forced me to figure things out in case she couldn't get back to me in a timely manner.Big box experience: I went to KW and found the best 'community' feel/vibe you could ask for in the business.

If you figure out how much you would need to have passively to just get by bare minimum, and still get the occasional coffee or take out then you can figure out what you would need to buy for property to achieve this.

One can barely foreclose in NY WITH an attorney.   

My partner and I are quite frustrated... the onerate is barely covering anything (it has covered one bigger expense, so that is good).

Don't walk across broken glass in your bare feet, it's like buying subject to and being under funded.3.