Would love to know what criteria or spreadsheets or other decision making tools you use to make the decision of where to invest. 2.

I am, right now, re-tooling to meet this expected future. 

It can get pretty complex versus long term rentals - I'd highly suggest using tools like AirDNA that has pretty sophisticated data and projections on STRS in every market before pulling the trigger

That's about where I run out of ideas.What tools and techniques are you using to gauge a neighborhood's quality from a distance?

I have all of the tools I'd need! 

@Andrew Owen, if you are going to put the effort into bird dogging deals like that you want to have the tools in your back pocket to take down any opportunities you find!

If you are going to study, check out the study tools available for purchase.

Speaking of transparency, transparency, honesty and integrity are business tools, they give you a competitive leverage/advantage and also protect your bottom line. 

This approach can be a powerful tool in your real estate investing toolkit, offering opportunities to maximize returns while creating mutually beneficial deals for both you and the seller.Some books I recommend are:"Investing in Real Estate with Lease Options and Subject-to Deals" by Wendy Patton"Seller Financing and Real Estate Notes in the Dodd-Frank Era" by Dawn Rickabaugh"The Book on Investing in Real Estate with No (and Low) Money Down" by Brandon Turner and David Greene

So in my mind STR is good tool to catch long term appreciation and REDUCE EXPENSE when folk is vacationing.For me it is as the following:if you like snowboarding you would buy in Tahoe or Denver or Aspen.if you like beach you buy in Hawaii, Destin, Panama Beach FL or San Diego.if you like hiking/forest you go to these Servier county,etc.The problem is if you don't have hobby and don't like to go for vacation LOLI cut 90% of my vacation budget by having STR, this is the internal profitability metrics LOLIf my own purpose is to make money I would find investment that yield 30% IRR and >1.5EM and I know it's not that in vacation market in 2023 lol.