@Timothy Blackman- thanks  ...get some referrals for lenders from friends / co workers ...contact them all on the same day with the same criteria and ask them any questions you have and  ask for some scenarios ...compare the  feedback and service they provide ...pick one lender to get pre approved with ,,once you have a property - contact all lenders again for pricing options for the actual loan you will need ...hopefully the lender you chose for pre approval will be competitive in their pricing ..good luck

There tends to be less competition from every day home owners who need to move in the spring/summer before the new school year starts and thus the possibility of having more leverage on sellers.

DIY Basement BuildoutFinishing the basement for around $25K could improve your STR competitiveness and increase rental rates.

Also most of my units are super nice so rent is already at a higher premium than some of the competition charges.

Challenges included navigating owner hesitations, coordinating renovations within budget, and managing high expectations for occupancy and pricing in a competitive rental market.

Watching you two go back and fourth is more insightful on what to expect from possible colleagues and competition.

These apply to investors, co-hosts, or property managers who aim to create an exceptional guest experience in this competitive industry.

Your plan to start in Erie is a great one because you have a competitive advantage there, being from there.

It is also nice to have competition and a back up plan with trades. 

Experienced investors often see the holiday season as an opportunity due to reduced competition and motivated sellers willing to negotiate for faster closings.