Some here will tell you all tenants hate their landlord so factor that into your actions.

There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

Then, I typically see them take about a half to a third of that number for the adjustment factor.

As you allocate your budget, I'd suggest factoring in a decent portion for interior design/furnishings and amenities.

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

The reality is you need to move off a few factors---fast solutions have slow problems, due diligence, have a healthy safety blanket reserve wise. 

Sapphire is much more of a vacation home community.The deciding factor for me was that Sapphire and Cashiers don't have a lot to do, except for golf and hiking.

I mean by safest is on the volatility, for example STRs have many different factors, seasons of the year, local government regs and much more.

Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund. 

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor.