My preference is to prioritize longer bookings and STR in the gaps.

I preach to everyone make a wish list, prioritize, test the software and double check. 

Prioritize quality locations.Keep healthy amount of reserves per property, hire a PM, and hire a tax friendly CPA(not planning just prep). 

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

You should engage with the local players in the commercial market i.e.

As long as the buyer prioritize lower monthly payments and is confident that they can manage the long-term cost of a 40-yr loan - If the buyer plans to stay in the property for a long time.Also, be sure to weigh these two drawbacks to a 40-year loan (paying significantly more interest over the life of the loan and building equity slower as compared to a shorter loan term).

Yes, the more units you go up, generally the less players in the game so there is some advantage in purchase competition as you go up, but also more management scale and cap ex for someone who is new.3.

On the other hand, if your goal prioritizes appreciation, Columbus is the place to be.

Prioritize your financial stability.

Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.