Read a book, or even a blog like this one:  Application Screening GuideIf the landlord had called the previous landlord (me) they would have immediately denied her."

Most of the STRs out here in Hawaii are sold turnkey, so already furnished and decorated, many with lots of future bookings. 

Without writing a book, google these two terms.Zombie CondoHOA Special AssessmentThen search for news on condos in Florida from this year.

The best area really depends on your goals—whether you’re looking for steady year-round bookings, high seasonal demand, or strong appreciation.

After that I would read every single book on fixing up properties that you can find, and how to find off market properties and then start implementing those strategies.  

my last post on this subject.I ran into a small company  6 folks involved  boy friend girl friends  they read rich dad book then went to a guru presentation and learned about wrapping notes which of course is the bizz model your talking about.

That is the kind of wrap note that would be a miss in my book.

Then you can buy a few books if you want but most of the information is here.There are thousands of people here who have shared libraries worth of information for free.You can get a phd in real estate right here if you read all the forums.

But make sure to check out the BP book store here also.

That discussion pushed me towards ground up construction, where I finally find myself today.