Hey guys,As a new STR host, I'm so worried about forgetting something vital to a person's stay!

@James Bolduc - Most of the hard money out there right now is EXTREMELY expensive and I know this because I just had a few lenders/brokers send me some term sheets on another project I am working on. 

My income isn’t always as steady and predictable as a normal W-2, So starting out with a house Hackable property that also includes a basement where I can record/practice out of is an extremely ideal entry point for me to get into real estate investing, especially if it doesn’t require any major rehabs.

...as has been discussed at length on the forums, right now is an extremely difficult and risky time to be flipping...In your first post, you mentioned wanting a course, or coaching, or a "manager to over see the houses" --those are three different things.

Be conservative with cash flow projection and appreciation as those number from 10 years ago are extremely meaningless for now.

Answer.. you need to make it extremely easy for those people to find YOU!

It is important that you do not develop a reputation of someone who is just going to offer extreme low balls, because people talk and you want to be seen as a resource in your local market for distressed sales. 

In the meantime, save as much money as you can and/or look into any potential creative financing options, or even a responsible & reliable business partner to split costs & profits with (Be extremely particular if/who you may decide to do business with). 

As you may have noticed in the above rent calculations, the income and expense numbers were extremely tight.

It's also extremely important you have your own qualifications that you do not shift away from.