Here in CA over 40% of households are renters.

I stand behind the comment “coming in hot”.

Between furnishings (2 bedroom), stocking kitchen and bathrooms, outdoor furniture and hot tub, I’ll be around $25k.

In a hot market I would sell it myself or at least negotiate the commissions. 

Does it meet the typical minimum in a hot market of a 10% cash on cash return? 

I got hot and just said OK I am done I am not signing and you can tell your movers to take your Van full of stuff out of my development and go find another home to buy.. 

What will those monthly loses to be if something breaks, like a pool, hot tube or any other hospitality essentials. 

Every day I go buy things for my household I decide whether the price I pay for an item is worth it or not.

Most areas we have found that are hot spots have some sort of quasi "local" booking entity, we try to belong to them as well if they are credible.As in anything with being in business almost 25 years, the better your relationships the better the response, this is no different.

You need to amass a large portfolio for it to be passive (aka hiring someone to manage).If you want to be financially independent as fast as you can then you need to do a few things. 1) get as high of an income as possible (this usually takes schooling and/or experience, think high income profession - law, medicine,etc)2) live as frugally as possible (you will sacrifice a lot here, think of not going out with friends, live at home/save on rent, etc)3) invest as much as possible and I mean invest not yoloing on random hot tips (you are starting young, time will be on your side)If you do this consistently and remain highly disciplined, you will get there faster than most.