Try using AirDna to get more in-depths stats about STRs in your area.

Very nice of you to go into such depth with your time and answers to a total stranger. 

I know nothing about sewer line materials, depths, causes of problems in KS.....you’re about to learn more about this than you ever wanted to know.

The best way to get started is to educate yourself, in-depth.

Theres also a royalty program for bringing other KW agents into the fold, you get paid every time they get a commission, it would take an in depth explanation.

My main plan is to sign on with Keller Williams because of their in depth training.

Commercial real estate was much more appealing, probably due to my accounting background that allowed me to have an in-depth understanding of the nuances of commercial real estate. 

I'm sure this has been covered in depth many times before.Good luck!!

I can't answer your first question without doing an in depth market analysis.Your second question, you take the sold comps and subtract your budget for rehab and buy, and if the result is at least equal to your desired budget, that's a profitable property. 

An excellent book on due diligence: Brian Hennessey - The Due Diligence Handbook For Commercial Real Estate: A Proven System To Save Time, Money, Headaches And Create Value When Buying Commercial Real EstateIt's reasonably in-depth but a lot of this stuff one learns from experience.