Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

This is a two-way interview, so have a short list of questions to ask the mentor (What books do you recommend I read to gain a better understanding?

DOB (on photo ID)**I would highly recommend using a tenant screening service so that you have a full application and ability to provide details to a collection agency.

We were contacted by our PM regarding this coverage and they recommended this company.  

If you need your vacation rental to produce a positive cash flow immediately, I do not recommend the investment. 

@Frank James Batignani if you're just starting out, I would recommend investing in the market you are located in.

Any insights or recommendations on a fair way to structure ownership are greatly appreciated.Thank you,

We recommend Alex Gomez at Steadily Insurance.

I highly recommend starting by tuning in to the BiggerPockets podcast.

And I always recommend you keep an eye on the deals you have already underwritten.