@Shivani Suresh, The major three factor usually new buyers consider  are Commute to Office,  Neighborhood/Schools &  Price. 

Compliance with the Code will be based on the totality of facts and circumstances as they existed at the time of the conduct in question, including but not limited to the willfulness and seriousness of the violation, extenuating factors, whether there have been previous violations, and general rules of reason.The Code does not exist to presuppose a violation, to determine whether discipline should be imposed for a violation, or to determine the severity of a sanction.

Any upcoming markets with great potential/ any current strong markets that are not overly competitive 2. what key factors to consider outside location when choosing an STR market. 3.

I personally also factor in a location where it is easy to have someone that help me remotely source the deal, rehab it and then manage the property all under one shop. 

YOU ALSO WANT TO MAKE $25,000 FROM THIS DEALAFTER PLUGGING EVERYTHING IN- YOU GET $163,500-----    FOR GOOD MEASURE I DEDUCT AN ADDITIONAL $2000  FROM MY TOTAL MAX ALLOWABLE (MY PREFERENCE ONLY YOU DON'T HAVE TO) AS A FUDGE FACTOR AMOUNT ( YOU WILL SEE WHY SHORTLY) ...

I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

Throughout this article, I am going to focus on the key factors to consider when investing in an STR: How, Where, and Why.

Hey @Nelisa Lee, @Gregory Schwartz is referring to the profit & loss within QBO not showing the cash flow of each property since it does not factor in things like principal paydown, PITI escrow payments, CapEx, etc (those are balance sheet accounts). 

This will be a huge factor when trying to invest in rehabbing the unit. 

I'm not sure how that factors in.