Figure out which best fits you and your personality and take it from there.  

The property is insured on your behalf, personally. 

@Lauren MerendinoI strongly believe that your chosen market should be somewhere that you can go to in person / have strong personal knowledge of / have family or a network in already.  

Have met him personally a couple times and he is just a great guy all around. 

My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!

Are you interested in S8 because of a personal reason or you think it's the next "hot" investment idea?

Point noted about not being able to underwrite without seeing things in person.

It should be from someone who uses that person.

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.