I traveled all over the world for photography, Malaysia, Singapore, Mexico, Thailand, Canada, Mexico, Belize, Dominican Republic and the list goes on.

I have learned that in today's world of information you do not need to limit your investment to just markets you live in or normally travel to. 

One community I invest in is currently adding a quarter billion dollar mixed use development the other is at an interstate insertion that 4x's the population with travelers daily. 

.:) And travelling to my clients place of business and helping them do RE deals..

Consider managing remotely you'll have to be willing to travel 3 hours when needed or find a way to handle it virtually.

I love the flexibility they offer for traveling professionals, military families, or folks in between moves.My main questions:Have you noticed increased demand for midterm rentals in this area, particularly from military personnel at nearby bases or healthcare workers at local hospitals?

@Scott VaethIf you live in part of the home and rent out rooms, you might be able to keep the lower 4% owner-occupied rate.Instead of a long-term rental that barely covers half the mortgage, could you do a rent-by-the-room model or target traveling professionals to increase cash flow?

I have 0 experience managing STR properties, but lots of experience using Airbnb from my travels 😅 I am halfway reading Avery Carl’s book on STR.

You are likely traveling to some pretty rough neighborhoods in pursuit of that type of cash flow and envision your operating expenses being higher than 30%...maybe not in year 1 but if viewed through a multi-year period most likely.

It's very hard to collect money overseas in Vietnam, China or Germany in a foreign legal system.