Various classes have different property values, tenant pools, turnover ratios, etc  I’ll posit a link below as this can get to be a lengthy note  https://www.realtymogul.com/knowledge-center/article/what-is...Are you looking into short term, mid term, or long term rentals?

Looking forward to being a part of not only the STR community but the Bigger Pockets community as well.Sammy MarshallHi Sammy,We rent out our primary residence on both a short and mid-term basis in St Augustine as we have moved overseas.

I'm in NY but looking to buy multi family properties in mid-eastern atlantic states. message me if you have any specific thoughts or questions.

So our exit strategy is only STR or Mid term rental and selling later. 

The mid-market is pretty hot and affordable if you're looking to invest out of state.

Its fast and easy.I have just listed a mid term rental on Furnished Finder.

She can go right over the hill to Kalamath falls and buy rentals for almost the same price as mid west..

This will likely determine whether short/mid/long term rentals are favorable in that specific area. 5) there’s so many things!

I will be in Europe mid-June till end of July.

Look at your monthly payment (PITI = Principal,Interest, Taxes, Insurance) + HOA + (other maintenance fees if any) and if this amount is less than what you charge for rent (whether its Long, Mid, or Short Term rentals) and you are happy with the positive cash flow, then yes.Or maybe you're breaking even with the condo but you have  knowledge that the condo will explode in value due to some business/attraction/law/policy that will prop-up the sales price in the near future, then yes.Really, it boils down to what your goals are for this first investment.