This ensures you can provide them with a clear and accurate scope of work.

BRRRR continues to work for SFHs, and still provides steady cash flow, easy financing, and strong demand.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

It's the boring places that probably won't appreciate above the rate of inflation that will provide real month to month income. 

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

I also provide small shampoo's and conditioners that I get in bulk from Amazon.It is hard to beat either for these kinds of supplies, even if you get a wholesaler to sell to you.

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Additionally, you could also check with your insurance provider to confirm there's no active risk and provide that documentation to the lender as reassurance.

Beyond (formerly Beyond Pricing) – Useful for dynamic pricing and also provides some solid market data.   

You need to provide at least 30 day notice to a tenant that you will not be renewing in NY State.