This is a learning experience for me in my landlord adventure.  

From my experience (especially when browsing a competitive market like anything in California), the deals are usually discovered by (1) word of mouth and (2) going where no one else is willing to go.

Networking: Join local real estate investment groups or online communities (like BiggerPockets) to connect with other investors and learn from their experiences.

I learned a ton and super grateful for the experience.

@Yasmani Delgado I have found the 50% rule to be pretty reasonable in my experience.

previous experience in STR How did you find this deal and how did you negotiate it?

Does anyone have personal experience with this?

This might be a workable scenario for me.Lack of experience would not kill this deal for us but it would depend on a few things.Usually the biggest challenge for newer investors is in the amount of equity you have available to infuse into the project.You need to have a cash down payment to secure financing.With 25% Down you would be in a multiple financing offer situation where we're just fighting to get best deal possible and batting off Wholesale Account Execs left and right.

If yes, do you find someone with experience (probably not alot of agents with this type of experience) or do you train them?

We charge $50/mo for a midsize dog, have been allowing pets for the last 15 years and for the most part a good experience with that.