One bad decision can kill the profitability of a unit for years.What happens when someone needs to be there for a rental inspection, or for the utility company to inspect a meter - do you go yourself?

If you're looking for consistent rental revenue, search for places with high occupancy rates and rentals that meet your expenses, such in the Midwest with cities like Cleveland and Indianapolis.

When I was searching for a condo in Orlando, I encountered several challenges.

I'm a former software engineer that built and then sold a company.

(I'd just add to his video the idea of having a plumbing company set up so that your tenants can call that company directly if they have a plumbing emergency.)Don't compare yourself to your friends. 

Proper is a big one, very comprehensive and expensive (we have this), Foremost, CBIZ are others.Many insurance companies now offer STR policies.

There is also a large restaurant company here that I have been told needs rentals for a shorter term but pays very well to house staff that they bring in from out of town to work for them during high season.

@May WangEncourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You may want to start off with a turnkey company to learn the ropes.

They did remove it, but I have changed property management companies, and now, 2 years later, I see that the trampoline is installed again, and the tenants have installed a second shed without my permission.