If each property costs $200,000 and your only acquisition cost is a 25% down payment, you will need $850,000 (17 × $200,000 × 25%) in savings, an almost impossible amount for most people.

I hear what Zeona is saying, but it may be irrelevant if say you are in the North San Fernando Valley where people from the Palisades aren't going.

Meaning how to attract the type of people you want to your STR listings and how the heck you are supposed to know if there is a market for your type of "customer" in the area you are investing.

Take people's advice and also dont take people's advice, make a decision that best fits your situation. 

Im in college so I meet new people everyday and that alone is a huge resource.

if you buy a random property on Zillow and turn it over to people you have never met, you will very likely lose money, get frustrated, and set yourself back.if you're serious i'd pick a market and plan on making several trips there. 

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

There have been so many changes to make people with bad credit look good they should be fine without this change. 

People line trees, water, walkouts, boulders.  

Finding, As hard as it is to find people willing to sell Subject To their existing financing, they can be found.