This is the exact advice I gave my best friend!

Summary

For hosts looking to start an STR business with little to no money, the speaker suggests two strategies: start by acquiring property management contracts to gain experience and manage someone else's property for a percentage of the revenue, and then rent out a 2-bedroom unit and rent out the other room to build skills in cleaning, messaging guests, using software, and pricing; or rent a 1-bedroom apartment for use as a short-term rental to build skills in STR property management.