With that initial investment capital and qualifications we've had success finding luxury coastal STR's that can produce very consistent strong six figures in gross revenue.

Hey Ruben, we're seeing a lot of success in Detroit. 

How did you find this deal and how did you negotiate it?

Either way def worth looking into.Another option is negotiating the sales price.

I am excited to use all the knowledge that I will gain to not only prepare myself to dive into real estate investing, but to also have a successful go at it to achieve all my life dreams and goals!

Wishing you a successful journey ahead!

You have to be selective now that there are a lot of others in the market but it’s very doable to be successful. 

You could negotiate that your cleaner be the emergency contact but don't give them an equity share.You could also find a neighbor or realtor that would do it for a small fee.Emergency calls have been almost non existent for me.

Could anyone provide recommendations on specific locations or strategies to maximize my chances of success in this venture?

I would try to negotiate it a little perhaps by mentioning how a judgement would affect their ability to get future rentals etc as landlords will look unfavorably on it.