You'll find with most lenders there will be an LTV reduction of alteast 5% for it being a short term rental and technically considered vacant .

That should help boost your lead flow.

I am tracking the Airbnb was recently banded in Medellin so short-term rentals might not be a wise move. 

As you mentioned, we have also seen first hand and through our students that it typically takes a few offers to get the ball rolling, and then there is a bit of a snowball effect once you get into the process of making multiple offers a week, that will lead to a more consistent pipeline that can be scaled into a full-time job if you choose to.MartelTurnkey buys houses and tests out the teams on the ground with our own funds and portfolio before letting out clients go through and use those teams on the ground.

My other investments are short term air bnb type rentals so the PM arrangement is different.

@Joseph O'SullivanYou can lead them to water, but you can't make them drink.Your kids are not a clone of you and will NEVER have the same ambitions.

But a lot of my short-term rental buyers have dual motivations -- somewhat investment but also a second home/vacation home.

I have 2 rental properties(a 2 family home that I bought 9 years ago that needs new roof eventually and a short term rental a few hours away up north that has a 5.2 rate and is very updated) I used a cash out refi in 2021 for the 2 family to take out 25k(and it lowered my payment, went to a 3.2 rate for 25 years for the 2 family) and then used that 25k to buy a 240k cabin up north to use as a short term rental and family vacation home.2023 was the first full year for the cabin and it brought in 25k, however expenses were 36k, so 11k in the negative.

I would also look into how challenging certain city codes are with short term rentals, permitting, etc.

Since you've got the cash ready, maybe look into areas a bit further out where your money could go further, or possibly look to partner with somebody who has some experience and is short on capital.