These can be great for making initial connections and learning about specific markets.Since you're thinking long-term, consider spending some time in your target markets to build relationships with agents, property managers, and contractors.

I have a goal of being able to spend time with my daughter and family.

Spend time reading the forum.

An extremely detailed scope of work along with an extremely detailed contract, are the keys to a project that is going to finish on schedule and on budget, without surprises. 

Budget carefully, prioritize high-ROI renovations, and adhere to strict timelines to maximize profitability.

Also, to track spending habits - just had a prospect withdraw their application when we asked why they were spending half their income on gambling websites.

Others are responsible with their budget and can stretch a dollar.If they are excellent renters, I would offer them the option to renew and let them make the choice.

We also had the option of another type of policy that was even less expensive that would have required us to spend at least 1 night in the house and rent it at least 30 nights each year.

One key lesson was the importance of precise budgeting and renovation timelines.

Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.