Most here say Section 8 or low income is impossible, but you are talking to someone who has ran it for years.

If you have a 9% rate and you need to get down to the low  7s and cash out, then maybe it could make sense.

He does 65% leverage maybe 70% but doesn't matter how low purchase price is. 

Real estate is a very capital intensive industry and if you do not have the money the odds of success are very low - it is no different than starting any other business - how many people do you know are successful when they start with zero?

Rates are pretty low, maybe $30-50/night.

It's very user-friendly, low cost and allows the option to add team members to projects and tasks. 

., too low.  

Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.

We are a growing market with low unemployment but you will see a lot of the rental income going to covering expenses and setting aside reserves. 

LTR is stable, slow, and risk is low but potentially not as much cash (right away).Comes down to what goals you have and your risk threshhold - I have friends in CO springs who do STR and MTR, and works out great - but also have folks who LTR in that area and it pays for them self and it a great way to save money in places like taxes and build equity.