Network with local investors, undertake extensive due diligence, and develop a clear exit strategy.

Thanks in AdvanceHey Gash, From my experience in purchasing rentals in the Owens Cross Roads area, I'd double check the rents and think about lowering(depending on your strategy).

As a 100% disabled veteran, I’m exempt from property taxes on such properties, which makes this strategy even more feasible.

Look at their marketing strategy.

I like https://quantmaps.com/ if you want to overlay some data. 

For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.

Switch gears on your REI strategy.  

Interestingly, though, people who have experience with STRs seem more likely to pivot to the MTR strategy once they realize how much easier it is and how well the renters treat their units.

That would be called the BRRRR strategy - there is endless info on that strategy here and on the podcasts and in the BP bookstore.

Most real estate strategies suggest that I hold one to several properties in an LLC.