@Michael Baum I use AirDNA for comps, it typically serves as a good gauge as to how well a property can perform in a market based on the performance of similar properties within a nearby distance.

We have a savings that is not enormous but we believe will serve as a good starting point to take on this adventure.

@Luke Carl while vacation areas might have some of the highest returns, metropolitan areas can also provide these returns depending on the guests you’re looking to serve and what you have in your metropolitan area.STRs near a military base, major airport or hospital also perform very well even in metropolitan areas.

I run potential tenants through the proper screening system, typically first come first serve (my market is stupid hot for renters), and then chose the one that meets all my criteria, passes background checks and references, and finally, my gut check. 

@Jason MalabuteI also like:Realizing that I am here serve first before receiving. 

I finally filed and had the sheriff serve them. 

Now which moves would serve you best to achieve those goals.  

telling them you will charge them money or expressing your disappointment will serve no purpose.

Purchase price: $105,000 Cash invested: $15,000 Our first property was a live in flip that served as our residence for 3 years until we moved out and began to rent it out!

Certainly, because I don't want to evict someone who can't pay, because their "room-mates" moved out 3-months into the terms of the lease.If I go by first-come first-serve, where the first qualified applicant gets the property, I'm afraid such a 5-person situation could occur next time I need to find tenants.Is it possible to pick the cream of the crop?