If you are just getting started here in Chicago, house hacking is the ideal situation.

Ideally you can provide something extra or unique that you can highlight in your photos and description to stand out. 

Tahoe isn't ideal right now as the local community is vehemently anti-Airbnb and the permitting system is challenging to navigate.

But that is calculated after expenses and depreciation is factored in. 

Quote from @Andrew Betts: A single family home with a pool near Disney would be ideal, however there are around 70,000 of those available.

A lot of factors go into this. 

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

That depends on a lot of personal factors such as your finances.

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

This could be advantageous if you’re looking to keep your monthly payments manageable and benefit from stable long-term financing.As a first-time investor, consider the following factors to decide which loan is better for you:Evaluate your investment strategy— are you primarily relying on rental income to cover mortgage payments?