Hello @Chris Atkins,To achieve and maintain financial independence, only invest in cities that meet the following requirements.Significant and Sustained Population Growth: Rental rates follow the basic principle of supply and demand.

If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same. 

Strategic design tailored to their needs will not only attract them but also show the value in choosing your rental over a basic hotel.For parents visiting students, they want a cozy home-away-from-home where they can relax and spend quality time with their child.

It’s easy to want to jump into big deals right away, but starting with one or two smaller properties lets you learn the basics of real estate investing without getting overwhelmed.

Interview them by phone or during the showing to see if they will meet your basic standards.

I am also a member/subscriber of Vodessey, Short Sale Prophets Basic, and several others. 

Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.

Is the property set up as a STR already or do you need to do the basic work to get it started?

Basic and free. 

This building will basically need a full gut reno.