Hey @Vanessa Lozano get out to some meetings and meet some people.

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

But you get out of it what you put in, in terms of effort and time. 

Nothing is foolproof of course, but having another investor in your market make a suggestion at least gets us on the right foot. 

I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.

You can beat out others and get it done for less. 

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Get out of your comfort zone.

Just trying to get favorable terms as compared to conventional loans.

I have an opportunity to invest in Little Rock, AR and wanted to get opinions on the area.