I've since created a similar program within my office and it's a profit center.

This is a great area with plenty of opportunities to grow as an investor.Feel free to reach out if you ever want to chat about deals, strategies, or just connect with other local investors.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

For example, areas like Chicago have a strong demand for furnsihed rentals, especially in neighborhoods near medical centers.

Facebook Groups, local meetups

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

With that in mind, my first idea was to buy a condo or a house in my local area (Palm Springs, CA) and use it as a long term rental. 

Never lend far from home.If you don’t have enough money to lend locally in first position, you don’t have enough money to lend.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

I'm with @Huong Luu but would add join a local REIA and find some PMLs they are always hanging out at meetings.