If you want a few investment properties to fund your lifestyle so you can do what you want, it’s possible!

.- For us, this is a long term game and all about lifestyle. 

Preferred lifestyle - Sometimes, living in a very desired area of town means getting a smaller home that can accommodate you and your preferred lifestyle.

It really depends on your lifestyle and investment strategy.

Biggerpockets can offer a lot of opinions, its up to you to shift through and decide how you want to invest and how it will fit into your lifestyle.

Besides ROI, which has been the main focus, its up to you to decide if the strategy fits into your lifestyle and gets you closer to your long term goals or not.I agree with @Melanie Dupuis in that it will be the mortgage brokers job to present an attractive case to several lenders and get you the best product.With my original comment, no, I did not imply that if something doesn't meet 1% rule it is always still a good investment.

i don't have a lavish lifestyle (traveling is my biggest expense and i'm still a bargain shopper at that) and i really don't have to leave an inheritance to anyone since i'm single and no kids. lastly, i can also return to my healthcare job if need be or if i get too bored.

There are vast swings depending on the price-point and target audience that is most likely to frequent your STR.In general I see locations in the "hot spots" of the urban core leading to one norm in terms of occupancy trends and those near lifestyle locations and hospitals leading to a very different set of norms.  

Goals should be lifestyle based, in my opinion.  

For those who haven't read it, Part 1 is about building up your first $25,000+ in cash or equivalents through a frugal and economic lifestyle, or as David Greene would describe it, through good defense.Now that I've gotten to this point, it's time to move to Part 2, which is using what I've saved up to start building up income producing assets and scaling my income so that I can go from $25,000 to $100,000 in net worth.