You need to figure out ways to create an advantage over your competition.

This creates an upside opportunity that doesn't organically exist with multi-family properties.

The less money you put down means more money to finance, which creates a larger mortgage and less cashflow? 

look on airdna for rental data, just be aware the explosion of hosts has created a glut, and low prices in some cities, so it is a very competitive environment. 

Still, they must comply with the statutes which created them.

When you successfully create a brand, you will stand out.

Fixing the self created, and self limiting problems is the most valuable, because these are the simplest problems, and the ones that will have most impact on your ability to help other people fix their problems.a good credit score is reference that you can properly manage resources, without it, it's hard to convince someone you have that skill.

What I wrote above does not create an attorney/client relationship between us.

There are plenty of tips and tricks out there but in the end for STR's it all comes down to creating a valuable experience for your guests....all success flows directly from that but you can certainly increase your bottom line by optimizing processes and reducing costs when possible.  

I've been flipping homes to create capital infusions, but that is only meant to be in service of purchasing more rentals at a faster pace without having to wait for 20% down payments.I know the BRRRR method is another way to accomplish this, but I'm running into a conundrum.Here's my understanding, and I'd love for someone to educate me on how to do this a little more effectively...First, I am thankfully very bankable.