The main things that you need to keep in mind are seasoning and status of the home.

I know that there is seasonality in any market.

Rent being $300 more than PITI is not cash flow of $300/month.And the $2400/month cash flow is probably a short term rental that started in peak season.

If you are seasoned or have a lot of capital, there are much bigger players you can look at.

I'm looking to get started in both areas , purchasing multi family properties. Would like to pick your brains and see what kind of advise I could get , anything and everything would be appreciated. Also what would be ...

If you have a county commissioner you could also check with them to see if your STR Rental would be a problem, I would be surprised if the county would do anything to restrict your use.We lend on Rural STR, up to 70% LTV for DSCR rentals, with no seasoning, we can use AIR DNA for income projections.Hope this helps.

Otherwise, because a guest has to write and request, I know that we have dodged MANY bullets by not allowing IB.  

Existing-home sales have jumped a whopping 9.5% to a seasonally adjusted annual rate of 4.38 million units.

Seasoned investors with over four or five digit posts and votes mentioning those lenders will have validity over some with two digit votes.  

Full transparency I am a seasoned property manager and will be opening my own brokerage soon - working as Director of Operations of another brokerage right now.