Please share your experience!

It might be best to hold off until you hear of other BP members who have experience with them. 

Secondly, you'll definitely want to confirm with a tax strategist with experience in the STR space to confirm if the setup you describe will pass as an STR with the IRS. 

@John Underwood what were some of the experiences you've heard?

Find someone who can help you dial down on what YOU want as an asset, and has experience with that kind of property. 

Sure, all channels can work, even seller financing or foreclosures, but in my experience, a well-connected agent can uncover hidden gems that often outperform the trickier avenues.Since the post is still fresh, I’m curious.. do you foresee other potential add ons that might elevate the returns even further, like corporate housing partnerships or short-term seasonal leases?

If experience is your concern, you can easily partner up with another experienced investor in your area to help balance the risk out. 

Currently,I don't have any experience in RE investing but highly motivated to start it asap.

I'd connect with some local investors either through the Airbnb app.. can message them as a guest and ask for a phone call to see their experiences and see if someone can send you their P/L or share experiences, and or connect with local facebook groups.

You have to work with a team that is investor-friendly and has experience working with out-of-country investors like yourself.