In today’s market it wouldn’t be in my top 5. 

I haven't had to do a full gut along these lines, so my questions are:1.

Typically it takes sticking with one thing over the course of a long time to figure out the intricacies for that specific sector.Just my suggestion. 

For me so far: my own research for rents, comps and rehab budgetWhat am I missing that you would add in this preliminary analysis?

In return, I'm confident in my ability to find deals and manage the rehab process.

What's your best piece of advice or tip when starting out managing a STR?

I have spares of each set of bedding in the cleaner's closet to make the turnover easier on my cleaner.

Taking money from just anyone is a recipe for disaster, my friend.

I purchased my childhood home from my father for about $100k less than market last June and the original plan was to hold for 2 years which takes me to June 2025, do minimal renovations, then sell and take the profit from the sale and purchase one or two more investment properties.

I combined owner financing with private money and then refinance with my bank.