Then NYC came up with an anti airbnb task force and then started implementing fines. 

I would advise connecting with short-term investors in your market and seeing how they're implementing their strategy. 

@Travis Hagan I would invest it in short term rentals, STRs will give much higher cash flow than long term rentals and there systems that you can implement to automize and self manage without spending too much time.

We implemented a new whole new maintenance staff from the manager down, and have been taking multiple steps to get our properties up to the levels we would want to stay at. 

This is refundable to them provided that their pets do not provide cause any damage to my home.2) I only allow one pet and I require them to upload a photo of their pet at the time of their rental application to protect against any changes.3) This one isn't necessarily a guideline, but a practice I implemented: I have tenant-proof AND pet-proof materials in my rental such as luxury vinyl flooring, quality tile, and furnishings that can withstand pet accidents.I am also considering charging pet rent, but it is a mere thought at this point.

That's the only thing that would make me second guess implementing your proposed strategy.

I think this would be a great property (if the price is right) and I already know the area has great potential to implement the MTR strategy!

I plan to have my first REI property this year, and plan to implement a couple of these ideas. 

Thank you so much for this needed advice.Those are all great suggestions and I'll be implementing many of those into my screening process.Here are a few follow-ups:Credit ScoreI realize this is a pretty high credit score when I look at the lay of the land.

Once you understand your goals, you need to pick the best strategy that helps you with those goals.Once you have the strategy and goals, you can then pick a market that helps you achieve those goals and implement the strategy the best you can!