My recommendation is to choose a medium sized management company, if it's one of your only properties. 

MTR arbitrage is a useful tool to have in your tool chest, and like all tools, it has its uses along with its positives and negatives.MTR: Medium-term rental (usually between 1-12 months)Arbitrage: renting from another landlord and *with their permission* renting out that unit to a third party, hopefully at a profit.

Does anyone have any good advice or resources on how to determine an expected vacancy rate for short or medium-term rentals in any given area?

This is appealing for short-to-medium term gains, especially if you’re confident in your ability to refinance or sell in 15 years.

I am preferential to medium/long term rentals so my exit strategy would not be applicable for many years.I make a comfortable living and have a surplus of money saved up but don't want to liquidate my entire savings accounts so I can get just one singular 200K property that may cash flow for a couple hundred bucks over the next few years.Am I missing something or being overly cautious?

Medium-term rentals provide consistent cash flow and avoid storage costs, while house hacking offers location-independent flexibility and strong rental demand.

For my first property I'm going to use the BRRRR method and from there keep growing my portfolio.I used BRRRR to grow a "medium" sized portfolio in and around Atlanta that I am very happy with. 

.-- I find using 1.3-1.4x the LTR numbers on Rentometer for your MTR/medium-term rental numbers is pretty accurate.Big picture?

That can run up to $1,000 a foot with most lots here being 75-100' in width. 

We have been long term owners for many years and have recently decided to make the move to medium term on 1/2 of our duplex to test the market.