A couple strategies that could make sense for a younger person without experience could be a live-in flip or a house hack.

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

Raising your credit score will get you far better rates personally as well as with private lenders for your LLC. 

I have a 780 credit score and no debt besides my personal residence.

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

For Example:  All Blue houses make more money.Lots of times, I tell people not to trust me, since my topics can be vetted, plus I don't know their personal situations.Just surprised that people on the Forum don't have more Podcast visits referenced in their bylines. 

Also, personalized post card size info/thank you card with the top 5 restaurant/bars or attractions in the area.

He personally screened every tenant, handled every maintenance request, and even showed up to mow the lawn at his properties when the landscapers were running late.His phone rang constantly—contractors, tenants, vendors—all needing his immediate attention.

I think a big catalyst this year across all areas of real estate will be the unemployment rate and personal income growth within the Kansas City metropolitan areas and surrounding cities.

Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.