We live in San Diego and I have realized that buying here in this market will definitely not cash flow so considering Midwest as well as other options.

The best advice I can give is to learn here and then take action with the realization that everything isnt going to be perfect the first time around, but if you continue it will pay off in the long run!

Yes, the 107 units was just at the moment I checked, but you're right, that wouldn't matter if I'm targeting current LTR landlords.Though, totally off-topic...I'm realized only considering this idea because I love having an MTR but feel I can't afford to do more of them myself.

Since you are just graduating college you may already realize that it's not what you know, but who you know (as a personal note, I had college friends that were barely passing their classes however they ended up with really good paying jobs due to "who they knew").

Had a water heater bust in one property, where it was in an unfinished crawlspace/partial basement, and they didn't realize it until they got their power bill.

It seems proper capex reserve budgeting for cheaper SFRs will typically make up a larger percentage of rental payments which eats into cash flow, so I'm wondering what the real financial performance of these investments is for the folks who have invested whether you've realized a CapEx event already or are just planning for it. 

What most fail to realize is the STR model is more of a business operation whereas a lender cares about the fundamentals of the real estate.

Looking back on these first two deals, the second one, the loser, was the more valuable one because it made me realize I knew just enough to be dangerous to myself. 

The idea of listing it on Airbnb and they will come is no longer a thing if you want to realize income potential.

Its like going out and spending a huge amount of money to put a golf simulator in your home and realize after a week, I really do not like golf.