Quote from @Crystal Mickles: Are there any hard money lenders that work with first time investors ?  

Clean up your paperwork, have the right ownership reflected in the lease, and make sure the lease term, notice requirements, early termination requirements, etc, are crystal clear and to your liking. 

The type of mortgages that used to be available are becoming harder to get from banks, but they are out there.The fees should be crystal clear, without question.

No one has a crystal ball and there's a lot of risk in buying something that loses money in its operations. 

I'm not sure where that figures come from because 1) there's no MLS and 2) nobody has a crystal bowl when it comes to the future.

Don't have a crystal ball by any means, but when that does happen, you'll have an opportunity to refinance. 

Just be Crystal Clear up front that you are not renting a Frat House.

I'd be crystal clear and certain that there will not be legislation passed to ban STRs.

@Damon Aniton This was sound advice by @Crystal Smith regarding looking at flood maps. 

I mean no one has a crystal ball but...all markets are cyclical.