As investors our job is to produce high quality end products, worth hopefully significantly more then what we paid.

Hello Ethan, I think that you can research on Air BNB and VRBO to see if there any existing STR in your area to begin with. 

What's your best piece of advice or tip when starting out managing a STR?

size + quality then, because that level of due diligence is fairly unacceptable

Thanks for the great tip on running numbers for MTR in case we have to pivot!  

so, whatever the comps that you need to target are - you go for thosein terms of getting desired rents, certainly finishes will come into play a little bitand then of course you want a safe, high quality rentalone thing to note that is not often pointed out is that, with a BRRRR, the higher you boost the ARV, the higher your mortgage payment is going to be and the lower your cash flowso a few things to consider herehope this helps

Let's Connect and I might be able to help//give you some tips.

Quality resources can provide you with a clear, actionable plan to follow.

Purchase price: $290,000 Cash invested: $90,000 Sale price: $478,500 Rancher/rambler of 2,150SF at the heart of Bel Air.

Do you have any tips or recommendations for achieving that?