There is still good money to be made in AZ, FL, GA, TX and other states, however, picking the right submarkets is key.

Sometimes you get lucky and you thought you were genius at picking the right stocks and then later you get unlucky and lose it all.

Before I decide to STR a property, I first pick the city in which I want to STR the property.

Consider using an experienced STR property management company that can help make your property a top pick for bookings.

So your cashflow drops from $500 to $250 on that property, but you pick up another $300-$600 on another property.

Also Zelle doesn't allow for the ability to individually enable/disable a tenant in the system.Money orders require driving over to pick up, or the tenant sending them late and then the late fee issue is still there. 

Congrats on picking up a couple of properties in the tough seacoast market.

Section 8 visits to nit pick small repairs and with hold rental payments for 2 months6.

I know the range of markets in the title is quite wide but like I said I am early on in the process and wanted to pick markets where I spend time during the offseason (I spend most of the offseason in New Jersey but spend time visitng parents and grandparents in south carolina and florida).

Now those same props are selling for 100k +++ Still going strong, I just picked up 4 , 3 SF and a Duplex, all with 20% or so NET caps based on cash purchases, All under 80ksih, Good luck