If you ask nicely and promise not to share, you can usually get good financial information on the properties that are currently operating as a STR.If you're just starting out looking, you may not be aware of just how many cabins out there are poor quality builds due to the lack of codes.

Meanwhile the  neighbors quality of life will improve once the new wall is constructed 2025 Q1 and the denser use is consistent with the Philadelphia planning commission's 2035 plan.

You should screen everyone the same, but still, it's a bit of a comfort knowing FF is mostly all working professionals.

You haven't given many details so it's difficult to give you a quality answer for your situation.

Buy good quality things once rather than poor quality and pay multiple times to replace it.

@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!

You can then take some of the profits and buy some quality RE, which will probably just break even for the first years, but that's not why we buy real estate anyway..

Take for example the lack of productivity where construction projects often experience time and cost overruns, rework or quality concerns. 

I also learned how NOT to screen a tenant and what class of property to NOT buy (for me in the future).

Which is easier to deal with than a non paying tenant.Once they're gone, you'll need to tighten up your screening process or find a PM to take over.