Instead, I pivoted to medium-term (30-90 days) furnished rentals.

Now, by law that is considered a medium-term rental.Both business plans you mentioned are great but both have their pros and cons.

For do it yourself property management of a LTR the property has to be at least average condition, for medium term rental at least good condition, for STR excellent condition.  

I have a few multi family properties here in Tucson and do medium term rentals for a couple of the units and will do short term on a couple in the near future.

I'm interested in buying a STR property in Norfolk and looking for an agent that is familiar with the area, understands the STR regulations of Norfolk, and potentially has connections to contractors for light-medium renovations.

We have a few medium term furnished rentals in Denver, and that's where we get most of our tenants.

Short, medium, and longterm tenant types. 

On his current cross country tour, "The Burning Down The House Tour", no that's not the right name, that's somebody else's tour; its the "All Weather Tour"; says that real estate should NOT be part of your investment portfolio.He says that your portfolio should look like this:Stocks 30%Medium Term Treasuries 15%Long Term Treasuries 40%Gold 7.5%Commodities 7.5%  You'll notice NO real estate.I was reading elsewhere that money market funds, bank CDs, and 30 day T-Bills have all failed to keep pace with inflation over the last 25 years.And over the last 25 years inflation has averaged 2.2%, gold has averaged 5%, oil has averaged 6.5%, Bonds have averaged 7%, Stocks have averaged 9.6% and real estate has averaged 9.8%.How many Bigger Pocket member's portfolio looks exactly like Tony Robbins?

I will then be marketing this URL via various mediums both online and in the real world. 

Then, you've never worked in corporate America.This diagram doesn't translate well to this medium...* - Pres. / CEO** - Exec VPs**** - Sr.