Start with BiggerPockets Ultimate Beginners Guide (free).

We have never had a tenant that was able to produce any factual data that supports their concerns. 

I did a background check and was able to look up his many properties across all states so I really don't have concerns he doesn't have any assets.

If you’re concerned about the cash income, you could consider additional safeguards, like a higher security deposit or using a guarantor.

Starting with a turnkey cash flow rental is a great move for beginners.

Start with BiggerPockets Ultimate Beginners Guide (free).

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

You will find many resources here on the forums and throughout the site as well.Personally, my short list of books to explore:Set For Life by @Scott TrenchRich Dad Poor Dad by Robert KiyosakiABCs of Real Estate Investing by Ken McElroyABCs of Buying Rental Property by Ken McElroyLoopholes of Real Estate by Garrett Sutton, EsqTax-Free Wealth by Tom Wheelwright, CPAThe Power of Zero by David McKnightREIT Investing for Beginners by Lawrence SmithWhat Would the Rockefellers Do?

We get about 200 - 300 maintenance requests every month; I would have to hire a FT property manager just to "walk" the maintenance concerns.

From a tax reporting standpoint though, I am curious why showing a profit is even a concern.