A hosting business involves marketing (LTR only markets when there is a vacancy), cleaning/turnover, check-in/check-out procedures, and a concierge communication.The analogy to Walmart is absurd.

Conduct market research, get pre-approved for a mortgage, define property criteria, and use analysis tools.

Consider using tools or software for property management that can help to automate the procedure.In the Bronx, become familiar with the zoning and leasing restrictions.

After that I plan to focus more on cash-flowing markets out of state. 

There are a lot of hidden opportunities in our market.

I've never marketed it to groups larger than 8, so I don't get as much rent as I could.  

Here’s a 10-step process to get started with out-of-state real estate investing:Research and Select a Market:Identify markets with strong economic fundamentals, job growth, population growth, and potential for real estate appreciation.Consider factors like rental demand, vacancy rates, and local landlord-tenant laws.

Indiana has a good rental market! 

What are the market rents for the property and do you have $15000 for the down and $8000 for all the closing/title/settlement/new impounds?

We have found that finding an investor-savvy agent to buy property on market and a solid wholesaler to buy off market properties is the perfect marriage to find deals.