This step will be key for further steps below!

If I were in your shoes, I’d consider a few key factors before diving in:1.Risk Tolerance:Ask yourself, “If the worst-case scenario happened and I lost this money, could I recover?”

You can sell on financial method because there is such short demand there is all but no comp's to use for comp method, and if selling as turn-key, yup, financial method will be your friend for sure. 

The key here is finding the right balance between capital, time commitment, and risk tolerance.

Turn key investments are at such a high negative cash flow that I don't think it'll be a viable option. 

Focus on key metrics like cash flow, ROI, and cap rate.

Many make the mistake of focusing solely on the acquisition and think that is the key to success but the post-acquisition part of being an investor is equally as important and it is NOT intuitive, especially in Philly.

Staying consistent is the key.

However, I have some concerns and would appreciate advice from anyone familiar with the market or STRs in general.My Key Concerns:Lack of Comps: When looking at AirDNA, there aren’t a ton of comps in the area for properties like the one I’m considering.

They weren’t thrilled about moving, but we worked with them—returned their deposit and offered cash for keys to help them transition into a new rental.