Outside of those focus on simply being a good landlord because you have far more control than you may think.I am in Philadelphia which has tenant friendly landlord tenant laws.

The place needed mostly cosmetic work and I was able to get it at a good price.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

You can also invoke the happy clause and tell them if they are not happy there, they can give notice and move out without any penalty, but that offer is only good for X days (eg 5 days).

I currently live in Kissimmee and have a portfolio of long-term rental condos and single family homes in Kissimmee.

Markets with good demand for vacation rentals and potential for solid returns?

Long term capital gain isn't bad. 

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

but I do believe that being he is a Billionaire, he picked it for a good reason and this guy became rich because he is intelligent beyond what we understand for the plan he has for the supercomputer in Memphis. 

And it appears that the amount of work is not high enough to hire a full time person.Does anyone have some good best-practice or ideas to show how you manage the work load and staffing for similar scenarios?