Learn what people are doing right now in this difficult market and find a way to replicate their success.A lot of people say they are actively investing.

The 'good guys' on here can help the newbies by pointing out the very obvious trolls......Just my $0.02 I think if we have active moderators and active community to help put them back in the bag it will be fine as well.

These people don’t have the time to do it themselves.

I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.

I see people purchasing new STR's here and others dumping their properties or converting into LTR's. 

Build your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

Check with some of the people that commented here about the specific location.  

This allows you to test all the systems and the people involved.  

Do you want to be more of a passive investor or active investor or somewhere in the middle?

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?