Always consult with qualified professionals for guidance tailored to your individual situation.

Consult with a Realtor familiar with the local STR laws.

As an accountant (controller) and a consultant, accounting isn't something you can just pick up because it takes a lot of time and understanding how things need to be coded, making sure the CPA is happy with how the financials look and other misc things.Just think of this, do you think you can effectively speak with the CPA(s) when it comes down to it? 

I would suggest looking into other avenues like the stock market, ETF's, bonds, etc. while learning more and monitoring the market for opportunities and continue to save and invest.

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate. 

Always consult with qualified professionals familiar with your specific situation before making any decisions.

In addition, the 30-year fixed-rate MBS price (such as the 30-year UMBS 5.5) should be closely monitored, as it is in lock-step with the mortgage rates, just in opposite directions.I also agree on your point about documentation—those underwriting requirements aren’t just red tape, they’re what keep the secondary market working and make 30-year fixed loans possible.

Always consult your own advisors before making investment decisions.

Please consult a qualified professional before making any decisions.)1.

Just went through this with a new owner/new Host that I was consulting with FOR AIRBNB, as an Airbnb SuperHost Ambassador!