With my management skills, furnishings, and location, It leans to be in the more profitable side than I presume STRs in places that don't have major attractions immediately nearby. 

Always think it is extremely important to note that Cap Rate does not drive value on Single Family Rentals since NOI is not the factor for the vast majority of the market - only really relevant for Multifamily and Commercial (BP audience is generally skewed towards residential not commercial investing)

I would say majority of travel nurses are hard working, well educated, well paid, and overall great people and tenants just looking for a clean, comfortable, and safe place to stay at a reasonable price.   

@Chris Schoonhoven it's similar to many other major cities.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

Recently though I have come across a major FLAW in their system, which I honestly cannot believe exists: When a payment series ends, the system archives the series on the day it ends.

Similar to Fort Worth, Austin's unique economic advances can be attributed to a steady increase in housing, and an attraction of major businesses and employers, according to the report.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I understand that the majority of the risk in Section 8 is from tenants damaging the property, therefore depreciating the asset over time and leading to high maintenance costs.

It also incorporates all the major life areas, so you can build your life to achieve your goals in all areas of life.