They bought a second home near a popular tourist area, lived there for the summer, and rented it out during peak seasons.

The entire portfolio is also actively booked with guests with the busiest season coming in the beginning of the year (bookings already in place). 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I look forward to connecting with fellow investors, learning from seasoned pros, and hopefully sharing my journey as I dive deeper into this space!

Occupancy rates are not 90%, it's seasonal, especially the mountains.

I thought there would be more seasoned, experienced investors, but all of the answers to my questions were from newbies like you said! 

Use LVP flooring, it's cheaper than installing new hard wood floors and they're more durable for longevity purposes.

Wood Floors not sealed, tile not properly installed and grouted, cheap flat paint that the tenants can't wipe finger prints or food splashes off, countertops not caulked so water gets behind causing water damages, the cabinets were painted over not replaced the list goes on and on.

The reason I say off market is because most seasoned real estate investors do not want to buy someone else's investment flip and if the property is a deal such as the ones you are looking for, it will likely sell quickly, which leaves you with the leftover inventory unless you're ready to make a quick decision every time.

This can be conventional or DSCRB) Conventional cashout refi - will need at least 6 months on title if no mortgage on the property (I think - going off of memory), 12 months seasoning if there is any kind of mortgage/lien/loan with the property; will be based on improved LTVC) DSCR cashout refi after six months of seasoning (most cases), and this will include any improved value of the property in the LTVMost cashout refi's will be limited to 80% LTV.