I'm looking at investing in a short term rental in Jacksonville, my budget is fairly modest though, up to $300k so I'm not looking to do a high-end STR.

I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.

It seems we are facing a similar problem; real estate is not just a numbers game, which is contrary to the thinking of most investors.

Short-term rentals are great when cash flow is strong, but with profit margins shrinking, switching to a long-term rental could add some stability.

@Ben O'Neill I have a second, and for a short while a third loan on a property.

Nothing wrong with being a bit new - there are options out there for all stages of the game. 

Look at it if you want, but if that is all you look at, you are short changing yourself.

Views, indoor pools, game rooms and proximity to attractions.

Long story short, he ended up buying a worthless piece of land. 

Institutional lenders will look at your non/short employement as a negative.