Volume is key though with high equity. 

I’m taking a thoughtful, data-driven approach and aiming to avoid common missteps such as:Overestimating rental income or underestimating expensesBuying in low-cost areas without considering long-term valueNeglecting to thoroughly vet property managersSkipping key steps in due diligence and inspectionsI’m looking to connect with experienced professionals in the Nashville real estate community—property managers, real estate agents, tax professionals, and others—who are open to sharing insights on topics such as market analysis, tenant screening, exit strategies, and real estate tax planning.If you're open to a quick conversation, I’d greatly appreciate the opportunity to learn from your experience. 

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

acquire zoned and frequently active turn-key or licensable vacation rentals ranging from $200K-$2M on the Oregon Coast and beyond in the past year (30+ in the past 3) - so I wanted to share some insight that may help investors manage expectations for vacation rental investment as demand expectedly intensifies with the extension of the STR Tax Loophole.Here are my insights into the Oregon Coast STR market (from Brookings to Astoria and beyond) and looking forward two years through the end of the 100% bonus depreciation allowance:- The barrier to entry will continue to grow.

Having trusted resources is the key.

, things RE location will be the key. 

Quote from @Justin Wells: Based on advice I’ve seen given to others starting in real estate investing is that house hacking is key. 

Definitely something that should be factored in to returns in some way,  IMHO if your going to be flipping houses at any velocity having your own RE license not only is going to obviously put more money in your pocket but can be a critical component depending on price point.

I normally vacation along the Florida panhandle like Perdido key, Panama city beach etc. and so naturally, as a real estate investor my antennae go up when I travel there and my curiosity starts to tug at me wondering if this is something viable for me.