Our society is broken top to bottom, pick any topic.....We just need a reset, like when you do a 'restore' on your computer.

I think 90% of the agents in our metro that list rentals have no idea what an arbitrage is or the benefits to it and if you have an agent who can help explain that to them on your behalf you may be able to pick up a couple.

But let's tackle your question: choosing the right property is like picking out the perfect puzzle piece that fits your portfolio. 

There is still good money to be made in AZ, FL, GA, TX and other states, however, picking the right submarkets is key.

Sometimes you get lucky and you thought you were genius at picking the right stocks and then later you get unlucky and lose it all.

Before I decide to STR a property, I first pick the city in which I want to STR the property.

Consider using an experienced STR property management company that can help make your property a top pick for bookings.

So your cashflow drops from $500 to $250 on that property, but you pick up another $300-$600 on another property.

Also Zelle doesn't allow for the ability to individually enable/disable a tenant in the system.Money orders require driving over to pick up, or the tenant sending them late and then the late fee issue is still there. 

Congrats on picking up a couple of properties in the tough seacoast market.