That would give you a huge return but it won't work because short-term renters will never rent your property because 1) it will be in a wrong location and 2) the quality of the property will be too low.

Depending on your area, these are becoming very competitive (there is still a huge demand) so it is important to weigh the quality of service/management in order to gain positive reviews and retain repeat customers. 

At about 10 doors you'll be ready for the conventional investment loan of 20 to 30% down, and by that time cash flow should be significant enough that you can start using some of the passive income streams to fund a higher quality, less frugal lifestyle. 

I'll echo what Kyle McCaw says about the shortage of quality professional contractors in WF. 

You may have a 2% deal on paper to only learn later the tenant quality, neighborhood, maintenance, etc will kill your returns. 

What website or method do people use to find quality roommates nowadays?

See, as a patient quality of life is vital but being imprisoned to appts and treatments makes it hard to travel anywhere much unless to drs so I’m thinking if I theme each STR differently from decor down to even snacks etc I may stay booked a lot but mainly it’s my way of making a difference.

Also, in very rural areas you may lack the food, entertainment, infrastructure (reliable high-speed internet and cell service), and lifestyle that you may want.  

I'm looking for recommendations for quality and trusted roofers in the area.

The article was published by The Washington Post and it highlights three important investor qualities which I summarized as thick skin, strong stomach, and knowledge.  1.Thick Skin: Beginning a real estate investing career will come with some stress and challenges that include securing reputable general contractors.