First Property Advice: STVR

[David G West]

Hi BP Community!

I'm about to close on my first property and planning to turn it into a STVR.

It's a 1 bed 1 bath condo in California close to the beach so the cash flow is expected to be pretty decent. I'm hoping to self manage but live about an hour away. 

I'm familiar with the local regulations but anyone have any experience/tips for setting up their first STR?

In particular, are there any can't-miss do's and don'ts in terms of marketing and preparing the STR for guests?

Thanks in advance for any advice!