All IDs required upon booking ( yes, I have performed little facebook stalks) and best of all, I do not allow people to book who do not have more than 3, 5 star reviews (yes, that is okay to do) You can see their cleanliness and other characteristics rated by previous hosts. 3.)

Existing tenants are often a red flag--landlords rarely sell high-performing, low effort properties that have great tenants in place (why would they?).

I found a property that is 150 acres with 4 STR cabins that are performing well with huge room to expand.

@April L.My recommendations are to be working with multiple agents/brokers in an area to see who will be bringing the best deals, and who performs the best. 

We bought this house as part of a 1031 exchange from a non-performing quadplex we owned (don't buy MFH that aren't separately metered for water).

Where would I be able to buy non performing notes in FL?

Property management is an added expense but I believe it is a value add situation where the investment performs better over the long term because of our services. 

I also like how specific it can be for each property to see how it is performing. 

An owner of a concession may build on that concession property, subdivide it and perform other acts to the property.

If you are investing out of state, it will be difficult for you to perform the sweat equity on rehabs or manage the properties.