Your relo benefits will likely govern this decision more than other factors.

(I know everyone doesn't have that opportunity.)Another factor is the type of deals you're looking for.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  I enjoy hearing about peoples’ personal wins and innovative, creative strategies.  I hope to be able to contribute to other p...

Other factors as well of course: DTI, the LTV, primary residence vs investment property, etc.

So, an 8 unit building with all 1 bed/1 bath could be 1/2 LT tenants and 1/2 MTR for travel nurses.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

It never occurred to me that I’d have to make the drive to this building for 2 months.

Even with full coverage insurance you will not receive enough money to actually rebuild your home to today's building codes.  

I have land with a house and plan to build a a house for me to live in soon there.

All of these factors make the city a great place for BRRRR investing - so good that I started investing here remotely from Texas.