Aim for 15% of purchase price in yearly revenue6) if you don't purchase turn-key, come up with a furnishing plan7) get pro-photos, find a good cleaner, either via Turno or preferably by talking to locals8) a lot of youtube videos will overcomplicate the start (launch of 5 platforms, build a direct booking site, get the worlds best smart lock, automate all sorts of messages, connect to dynamic pricing, etc.)  

I'm not too worried since VRBO launched in 1995 and spend close to 100M a year on advertising.

There are special rules for situations when you live in one of the units.Bigger Pockets is about to launch a section where you can get qualified referrals to tax professionals. 

Elvin,  full disclosure I was one of Engelo's first Captial Partners and helped launch what has been a very successful TK operation in Toledo OH. 

Not sure if interesting, but my buddy just launched a tool to help find off market properties across the US based on tax delinquencies, probate, pre-foreclosures...etc. the moment the information gets published from the municipalities so you're the first call/email the owner receives.Happy to connect you to him if interesting!

After a few you'll have properties under your belt to launch you into investing.

We bought it and didn’t visit until verifying it was ready to launch on Airbnb.

Padsplit hasn't launched in Cleveland yet, so you won't be able to use their platform.

Personally, I require Schalge Encode locks and have a google sheet checklist of amenities/items that need accomplished before a launch.

Put in the effort, build relationships, prove your value, and improve your odds of finding someone to help launch you on your path.