I have been reading books published by the creators of the advice and it has been helping, but I still feel like I have way more to learn. 

While they are living there and doing renovations, I will discount the rent and apply the discount to the renovations.

Some HIs will walk the property with you for a steep discount and tell you what they see to inform your offer.

If you’re in that cash position I mentioned above, then we might be a good fit to get on a call so I can show our process which is complete: 1) finding and buying the right property 2) creating a top product from that purchase with a world-class designer on my team 3) co-hosting/managing that property at a discount for clients to ensure you get more money and have a product that lasts.you can also follow me on IG @tampa.rei , I’m actually about to post a walkthrough of a property that was being managed by one of the most popular PMs in the country and in just 1 yr you’ll laugh to see what state the property is in from poor management!

Pro - You can get significant discounts buying cash, to build in more equity day 1

Some renters become home inspectors and will tear your place apart regarding anything (maybe for a discount).  

- What are some methods for projecting cash flow from home sales and determining an appropriate discounted cash flow (DCF) rate?

We’ve published blogs and courses on this topic for a few years but unfortunately we still see the incorrect application of law on 70% of incoming STR prospects!

Then you take that list and see if there is crossover with some of the areas you are interested in and start there because you have a competitive advantage there (boots on the ground or knowledge).One last thing, don't discount your own enjoyment.

Thanks Sharing here an article I published on BiggerPockets last year all about DSCR Loan options especially around the BRRRR Method - maybe can help!