Credit check, income check, debt to income check, possibly requiring a co-signer as well to ad an other layer of protection.

I’m using a co-signer because I’m not currently working, so obviously I can’t get a loan under my name right now.

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker that's on their second house hack.

If you absolutely can't or don't want to manage it yourself, then find a PM who specializes in STRs or MTRs or bring on a co-host for your property to make sure it gets managed correctly.

I don't post much, but had to post my January results doing a rent by room model for one month. I bought a 4 bedroom and turned it into an 8 bedroom. It went live and we filled it in 12 days.  I had planned on 3 month...

You could also look into having a co-signer on your loan if you got a relative/friend who willing to do it. 

@Dino Garcia II- thanks ..you cant be a co signor / co borrower  with a vet on a VA loan .   

He could probably get a heloc or “cash out refi” at least at a lower LTV, especially if you signed as a co-signer.

Back in 2014, a mortgage appraiser valued the home at $85k, comparing the condo to an REO property and a co-op in another town since nothing in the complex had sold in a few years.

Cashflow as a short term rental when not in use by a co-owner.