The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.

You're right about Cincinnati's short-term rental rule requiring the operator to live within 50 miles of the property.

(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months. 

@Daniel Hartless for any condos that allow STR, you will not be able to get away with 10% down as a second home, because conventional loans do not allow financing for a short-term rental and will require a minimum of 20% down.

It took a while to find trustworthy advice about this but I read the text of the law and it explicitly stated this, so I was lucky.2) The time you have between selling and identifying the replacement property is very short, and the time you have between selling and purchasing is also short.

Mashvisor (Real estate investors looking for short term investments) 7.

Considering a mix of long and short term rentals, with the STR’s being non-traditional structures targeting glamping clientele.

I have some homes in Ft Lauderdale and excel in the Short Term Rental space. 

Rates will be a little higher (5%/6% range) but the cool thing is that you can often find these on 30 year fixed terms unlike the short term balloons the local bank would offer. 

I also have been in the Wilmington area for a short time.