Well, STR can work well for people who own a vacation house for personal use, and just want to generate some extra income when not in use.  

Looking at purchasing small 3 BR 1 BA house.

I have done some deals that barely have a little positive cash flow in neighborhoods that I know very well and know that the house should appreciate well and that I will have no problem always finding great tenants.Hope all this helps.

@Marcus Stokescan you start with a live-in flip or house hack instead?

I happen to be looking for gap funders myself for a number of my house flip projects in Houston, TX and finding gap funders or any kind of private money involves a lot of networking and putting myself out there to meet potential lenders.

Low cost housing is a huge motivator to change behavior and keep their housing voucher. 

If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.

Starting your real estate journey with a house hack in Austin is a smart move, especially with its strong rental demand and appreciation potential.

If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great. 

The house we just bought is in cabarrus county and currently 1300 sqft with a 200 sqft breezeway.