I'd also recommend staying away from townhouses if you can but understand in some markets they are more common than others.

Last short term rental we put on the market was booked for a 30 day stay first day on the market.

For Airbnb, do i allow STR stays for the next three months and then block out the calendar beyond 3 months for MTR stays?  

After talking with an operator I felt he was a good choice for a tenant and he mad a great offer above market for the apartment so we agreed.In the past I would usually rent my own units and to stay competitive I would keep an eye on the rentals in the area and try to be one step above if I could....This time that was a little tougher as the neighborhood hasn't gotten very trendy. 

Regarding S8, the leases are 1yr only, but S8 tenants tend to stay longer vs cash paying tenants.

I’m open to exploring those locations since they aren’t too far of a drive.I’m leaning towards a SF property because I have $10,000 to put down, want to stay within my budget, and being new to this, I’d like to start small.

Stay tuned for our next blog on diversifying your real estate portfolio for long-term success!

I really would want to stay away from any office properties in depressed or even semi-depressed neighborhoods, especially large ones (like a 13 unit complex).

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

It's a big enough company to recognize it's in their best interest to stay on the right side of the law.