Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.

It's SO SO important to be careful of personal use with STRs!!

The current lease speaks to the fact that the house has oil heat and it's the tenant's responsibility to pay for it via a contract with our chosen provider.

Be careful and please do your due diligence before investing with any HML!

Talk to lenders, but to be honest who cares if it is over 800.I've had over 800 and over 750, lenders typically provide the same rate as long as it is over 740.

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

Anyone who is crazy high or crazy low compared to the others needs to be looked at carefully. 

Be careful.

Not only will this help reduce unexpected costs but tenants often take care of their property better when they are responsible for the repair costs. 

It just depends on your goals.You also have to be careful with posts like these, this is where all the real estate agents come in and tell you that their market is best so that they can get your business.If your goal is appreciation, I would focus on higher price point markets.