Other states would be more costly, offer less protection, and would require a “riskier” strategy. 

This is the preferred strategy since it incentivizes your PM company to fill it as quickly as possible so they actually start receiving revenue from your property.

I guess it always depends on how much money you have, what you want to buy and what your strategy is. 

CharlieCharlie Adams | CEOSentry Strategy, LLC

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

Strategies like rent by the room, mid-term rental, short-term rental, assisted living, and section 8, are ways people are making it happen.

my strategy is FIip for starters and in a year or two switch to rentals. budget for the first property about 200K...where sould i look?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

@Bruce Schussler   I am always suggest my borrowers stop at 60% loan to value when utilizing this strategy.  60% is the loan to value where the loan would qualify for the best possible rate.

The type of property that i am most interested, is Single Family properties & 1-4 Multi-FamilyInvestment Strategy: Out of the options you provided, I am most drawn to rentals.