3) Analyze all properties sold that fit your criteria that sold in the past 90 days and continue to monitor the sales until you become an expert on that property type4) Talk to lenders to see how much you qualify for as a down paymentBest of luck!

Tons of economic growth in the city with large companies building infrastructure here.

I would only look at one of these vacation zoned neighborhoods as they have all the amenities and infrastructure to STR.

My ultimate goal is to bill the tenants back but the other main reason I am installing them is to monitor potential leaks.

Let the experienced Manager or Management Company do their thing and you just monitor their performance and results on a weekly or monthly basis.

And for those things that do pop up, they are likely covered under a home warranty from the builder- Modern amenities and new infrastructure, with energy efficiency in mind- Streamlined buying process, with no bidding wars with other buyers- Builder incentives (normally with builder-affiliated lender) and quick-move in options...and I have been seeing a ton of bigger incentives this fall in the Tampa area as mortgage interest rates rise and buyers have slowed down from 10K to 15K to 30+K in closing credits!

It is easy to use and has both computer and mobile APP to monitor activity.

Have realistic expectations on infrastructure improvements of old buildings and if they will be needed. 

Most of our STRs have an office set up of some sort or a spot to work with monitors and we do find this attracts a lot of guests where someone needs to work while the family enjoys the activities.Traveling nurses get a lot of the buzz around MTRs but displaced families from fires (Napa and Oregon do see a lot of these), other work force that can be remote or travel, or other potential guests.Also, definitely use Airdna or one of the other sites that estimate your revenue to see how it would perform in your market and then look at other listings as well to see what amenities they offer to see if you could be competitive in your market.

i genuinely do not know how you would do it unless you spend time there yourself in person, either getting your team set up, and/or monitoring your project.