It’s a bit more boom and bust than the rest of the country.throwing out a number here, but I’d be willing to bet 75%+ of STR owners either bought well, bought with a long term view, or enjoy personal use and this don’t really care about the next few years.I mean, pick your asset class, shame on anyone who tried to get rich quick on a short term time horizon.

The critical distinction between cap rates and discount rates lies in their time horizon.

finding properties on Zillow that you never see in person, putting 25% down and hoping people you've never met handle everything for you... not a great plan.and yes, you will need a long time horizon for a portfolio to actually generate cash flow buying at todays prices and rates - 10+ years. 

Honestly you’re not gonna cash flow pretty much anywhere in the region and to be honest you can “house hack” a rental basically you could rent a room in a house, the biggest reason to buy is over time, the appreciation plus locked in payment looks better over time, frankly that time horizon is about 5 years on average right now, if you expect to be in the region for the next 5+ years buy something I’d probably prioritize buying something your comfortable in for the medium term than “cash flow” which your not gonna find regardless with these rates. 

Here's why:Quick Turnaround: Fix and flips typically have a shorter investment horizon compared to long-term rentals.

You could have something make more money in a 3 year horizon but you need your return in 6 or 12 months etc.Do you have an address of the property for a Google street view to see how it is positioned on the road and in the market? 

If that isn't in whatever town you live, then broaden your horizons.

Each one has exciting new projects on the horizon, like a minor-league baseball stadium in Spartanburg, South Carolina, entertainment districts in Huntsville, Alabama and Alpharetta, Georgia, and even economic development, like electric vehicle manufacturing in Bowling Green, Kentucky.FULL STORY

I do think something hits the fan this year, I just don't believe it's what we are seeing on the horizon(commercial RE, regional banks) it'll be something we're totally missing. 

Five successful solo flips and two more with partners, along with two long-term rental properties—those are some remarkable accomplishments.Expanding your horizons to include exploring deals in both Michigan and near Fort Myers, FL, shows your dedication to seeking out new opportunities and diversifying your portfolio.