You need to do the research too if your area would be bringing in more money as an STR, some areas would do better as a long term rental as well. 

Feel free to message me if you have any specific questions as well.

I can make a post covering that if the Gen AI doesn't explain it well. 

What might work well on one street could be a completely different story just a block or two away.

Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.

Sejin - Have you read your fair share of books as well as listen to podcasts?

Quote from @Jaycee Greene: Quote from @Dave Bobka: That's right, been eyeing all of those as well was Fort Wayne, INWhat about something like this in FTW: https://www.realtor.com/realestateandhomes-detail/3207-Clint...?

best of luck. i would network in that area and go to as many meetups you can and learn the area well

Aloha, I hope this message finds you all well!

The fact that you have already owned and sold a rental property gives you a great experience to start from.In terms of the best place to invest - that is whatever place meets your criteria, goals and investing style.Personally flips have not been working as well for me lately, but when we get the right BRRRR deal those are still working well.