Location is residential with a park a short drive or long walk away.

Quote from @Gino Barbaro: @Joel OwensThe only way deals were getting done in 21-22 were with short term bridge which is why we opted out, and did only smaller deals.

I do think new investors suffer from an overabundance of short-term thinking right now.Regarding number 2, I think your takeaway to buy smart is different than a result of wanting to buy more.

Direct marketing, buying at auction, MLS HUD/REO/Short sales, PPC Google advertising, or something else?

I have been investing in SFH (single family houses) and using the STR (short term rental or vacation rental) strategy for the past 6ish years or so.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

Long story short I purchased a home in an overinflated environment for $500k.

In my opinion, Lincoln and Omaha (and surrounding suburbs) are going to be the best markets for the short and long term for a variety of reasons. 

If you're goal is to BRRRR the property, look for short term bridge/rehab loan options that will allow you to finance the acquisition AND rehab of the property.

Interested in Short term rentals, mid term or long term?