Columbus/Tulsa/Huntsville - LTR vs. MTR?

[Ashley Wong]

Hello BP community! I'm just starting out and considering the following markets for a potential OOS investment property. Anyone have insight on these being better markets for traditional long term rentals vs. 30 day minimum extended stays / MTRs? Will both strategies work in these markets? What are the tradeoffs to consider? (Note: right now I am not considering STRs).

1/ Columbus, OH

2/ Tulsa, OK

3/ Huntsville, AL

For additional context, my main goal is to invest in a market that allows me to cash flow AND build appreciation over time. Given the uncertain macroeconomic environment, I'd also really like to find a market where multiple investment strategies can be used to mitigate risk should I need to pivot quickly. For example: being able to turn a mid term rental --> traditional long term rental if needed or vice versa, without losing significant cash flow. 

I'm also open to considering other markets that might meet this criteria. Any insight here is greatly appreciated, thanks in advance!