Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate. 

With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population. 

I HIGHLY recommend you have a conversation with an attorney. 

Seems that the website Fourpeakspartners.com is not working any longer.

I actually have a wholesale oppurtunity on a multi-family Four-plex that I just promoted on the "Real Estate Classified" section of the Bigger Pockets website!

Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.

It will be highly dependent on the district and licensing.

Recognizing their critical role, the Best-Performing Cities (BPC) index evaluates the relative economic performance of 403 metropolitan areas, providing valuable insights into the strengths and vulnerabilities of these economic powerhouses.The BPC index utilizes 13 key metrics, combining labor market conditions, high-tech industry growth, and access to economic opportunities.

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.

@Lillian Pintaro - you are correct for high end MFH here.