I'm curious to learn more about the experiences and outcomes of using this approach compared to short-term and long-term rentals.I’d love to understand which strategy might work best for me.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

If you do go with a non-connected lock please change the codes often, I often compare it to a hotel in that if the front desk told me the previous occupant's keys still worked during my stay I'd be sort of annoyed.FWIW, we use ResortLock from Lockstate (no affiliation, just what we use) on all our properties. 

Some areas the competition compared to what you will make on revenue just doesnt make sense.

Sounds interesting, how does it compare to the other note buying courses out there - I have taken a look at some and they feel they are not worth the money.Is anyone interested in selling it at discount?

For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.

Everyone knows the 3% or 4% balance transfer fee, but compare the fee to the interest you will pay over the same period with a traditional loan.If you have $10k in debt at an 8% interest rate with a traditional loan versus $10k of credit card debt with a 4% fee and keep both for a year (making minimal payments), you will pay less interest with the credit card.

But there's also a lot of great opportunities for higher end multi-family properties in surrounding neighborhoods like Lakewood, Ohio City, Tremont, Cleveland Hts that will bring in top market rent, but cash flow won't be as strong compared to the C to D neighborhoods.  

It will make it much easier for everyone and is generally expected to be included in the higher monthly rate (compared to an LTR)

And how do I find solid data to compare properties and figure out expenses in a new market?