I asked this very question to former head legal counsel of well-known title company here in CA.His answer: “It depends.”That was helpful.As the prior poster indicated, each of these cases are unique and have their own facts and circumstances.

Some lenders offer unique solutions and programs for your specific situation.

Personally, I would only purchase for STR right now on either very unique/special properties or on those that also work out as LTR.I am a licensed REALTOR who is investor focused.

They don't always account for differences in finishes, location nuances, or other unique property features.

A unique thing about the St.

Our system is a bit unique.

They have been buying Greek junk bonds lately along with all kinds of other oddball and unique investments.

And I do agree that with professional sports, income is not stable unless you are at the highest levels and you get millions of dollars in a contract that is fixed on a given amount of years.  

Each of these have their own attractions and draws and unique activities. 

Do you need unique checks and balances in your away market so someone is representing your interests in the away market--yes.Slow and steady wins the race.