I've used those before for shot-term funding for renovations/rehabs in projects.

Basically, the further you get away from the city the more potential for cashflow, but you're also dealing with a different tenant base that may be tougher to manage.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a  A-B area .BIG fish can have the whole USA in their  zone .Outside of my zone I am thinking flip it there are exceptions like all rules . 

Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

In real estate its messy and there are always repairs and capX projects that seemingly pop up from time to time.

I am looking to connect with people in the industry who are proactive and looking for their next project.

My family also owned a construction company, so I have some experience in handling projects associated with real estate. 

I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.