They're generally more stable and less management-intensive while you learn the ropes.

But you also have to apply your level of risk aversion or risk adjusted return.  

Your goals will define the route you take on this but building a list for buyers/investors is a time-intensive activity and the list is a living and breathing document.

For my area, looking to stay under $180k but could adjust slightly.

Originally posted by Matthew Paul:In my second house I had roommates , I had 2 thermostats , 1 in my bedroom that controlled the HVAC , another in the living room that wasn't hooked to anything just for the roommates to adjust .

I don't know anything about that space, but it sounds like a helluva grind and time-intensive venture.

It applies to STR in the same way.Is anyone here adjusting their investment strategy because of this?

Here’s how it works:Population Decline or Stagnation: If the population is static or shrinking, the current housing supply meets demand, and property prices decline (in inflation-adjusted dollars).

Once you've identified what's important and what ratios to look for to evaluate a property, all future deals should be weighted against those "good" ratios/numbers - and periodically adjust to suit your goals.

This is not personal, but if a person cannot save money now real estate is the worst investment to get into as it is one of the most cost intensive businesses to be in.