The breakdown of costs you've provided is insightful.

.), as well as previous two months of bank statements / investment accounts, whichever they'd like to provide (can they pay rent if they lost their job?).

Provide Ample Notice: Regardless of legal minimums, giving your tenants more notice than required can help maintain a good relationship and give them ample time to find new housing.4.

You will also need a good real estate attorney that can advise you on deals, a good CPA that knows the details about investment real estate, insurance agent, and contractors who can provide you bids on work that needs to be done on the properties you look at. 

They were able to help me find some pretty good deals that have provided some great returns as the years have progressed.

Schedule E unless your providing substantial services like turn down service with a mint on each pillow, etc. 

Good investments can be made in any market provided one has excellent local market knowledge. 

I've got over 1000 repeat tenants out of 1800 total tenants.That makes sense as far as how to set up your networks, but do you have each of the 23 STRs on a separate log-in with your service provider?  

Larger properties can accept smaller amounts on a per room basis, thus providing more value at scale.5) It's a lot of work. 

I might do a deal where I purchased the property and provided the “buyer” worth an option to buy for the period of the loan with monthly rent” payments equal to the interest payments on the would be note.