What software do you use to find targeted property owners and their contact information (email addresses specifically)? 

You add on the fact that we see the same 100 billion $ handed over in a circle from one AI company to the next, all reporting it as revenue, the P/E ratio of the S&P500 is over 30 and that makes you wonder where corporate profits are supposed to go from here, inflation eating into consumers spending power - I would say @Collin Hays is right, brace for impact.Fortunatley, residential real estate is a relativley recession proof.

Otherwise, you will eat 4–8 weeks of vacancy waiting on inspections. 

The constant repairs will eat you alive and the time it takes.

Basically markets are local, buyers are specific, features are specific.  

Turnovers and vacancies eat up profits so I’d rather have people stay forever and make a little less rent then try and squeeze every penny out of tenants.

Like you noted consider that it’s not liquid, requires babysitting and also that vacancies eat into your anticipated cash flow quickly.

Quote from @Marcial Lopez: Looking to invest in the midwest market specifically Detroit Michigan & ohio / Indiana Hey Marcial. 

But it is the reason why some hosts thrive long term while others lose money, shut down, or are forced to pivot under pressure.Let’s talk about what actually decides whether your short term rental succeeds.Why Market Selection Matters More Than Interior DesignYou can have the most beautifully designed property with every amenity guests love, but if the city suddenly restricts short-term rentals, the neighborhood pushes back, tourism demand is unstable, or licensing and tax costs eat into your margins, décor and pricing strategies won’t save the investment.

@Leonardo Martinez you might get some specific San Francisco help here but the laws in your area are so specific you probably should get a lawyers advice.