Is the return as attractive as it seems? 

We've laddered our balloon dates to happen every 2 to 3 years up to ten and will invest in REITs, ETFs and broad index funds as waterfalls hit and valuations appear attractive.   

Hello Nicholas, there are a few drawbacks: -Complexity and Scrutiny: This approach could attract scrutiny from the IRS, as it's not a typical way to manage rental properties.

But if you are committed to purchase, a 2/2 would prevail over a 2/1, the price difference has to be nominal and now you might attract a different user like tow couples or adult friends that don't want to share a bathroom vs a young family that the kids are okay to use the same bathroom as the parents. 

Some lenders are okay with Foreign National STRs but the rates and terms may not be as attractive. 

What has you attracted to these two markets specifically? 

I've seen a lot of conflicting advice that cautions to avoid areas with high crime rates due to complications and extra costs from the tenant base and property crime.I understand that both cities have shown crime rate improvements, but their overall rates are still way above average.What makes these cities attractive for investment despite this?

What I thought was too rural, to many is exactly what attracts them to there.Just yesterday I was speaking with a potential tenant who was saying he needed a place but did not what to be within city limits.

How is it an attractive proposition for anybody?

LA is a sprawl of smaller cities where people live and work, and most of those cities are fine. there’s a reason the south bay attracts residents and companies, and it’ll be a long long time before those fundamentals shift.