Lots of great advice in here already and does vary from state to stat but, I think it is important to find an agent you trust and like and then allow them 30 - 60 days to find what you are looking for.

People who makes payment on time and every time understand the importance of building a strong credit profile.

Those are not the most important parts of the operating agreement.

This can be shocking news for many people, but your rating may not be as important as you believe.

While I agree that the purchase is an important part of the process, if you buy based on price and not on the STR aspect of the deal, it could fail.You might get the best damn deal on a property in an area that makes a terrible STR thus it isn't a deal at all.

This all depends on what you buy, and more important, how you buy it,...and I'm not saying put more money down. 

Almost unusable and that is important when we tell people to look up the LLC question.

@Damon AlbersI hate the alphabet rating system because it is such an arbitrary thing that boils down many important factors to one letter. 

In today's market with high interest rates, it's most important to make sure that the numbers work when analyzing a deal.

Verifying last 2 years of rental history very important!