I would pick a market area you like and start doing a bunch of deep dive deal analysis, but from a rental and not a life style standpoint.  

I think you can through BP or through the aforementioned REI meet ups more than likely.i am inclined to agree with a previous poster in that i'm not sure driving for dollars will necessarily yield you what you are looking for.Network with as many other MF investors as possible in your area and find an agent that knows the market and can at the very least set you up on an MLS search for your criteria.Coupled with BP's deal analysis calculator you can then begin underwriting properties you receive from the MLS with your agent or on your own to better understand your market and tailor your expectations moving forward.I'm an investor focused agent that focuses on MF and while we are not in the same market if you have any questions about moving forward with MF LTRs i'd love to see how i could help.

That exit number is what the max project cost number and the profit are based upon.Use this formula as part of your analysis: (rehab budget + purchase price)/ARV < 72.5%

Based on analysis, I'd be cashflowing day 1 and there's some value add potential. 

Prioritize deal analysis with metrics like cash-on-cash return and cap rate, and always account for expenses and due diligence.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing. When I am assigning value to an STR what are some of the things I should focus on? Can you actually sell your Air BNB as ...

You’ve already got a head start with hands on experience.. and you’re probably way more prepared than you think.That first property can feel both exhilarating and terrifying, so here’s what I’d focus on:Cash Flow & Analysis..

Your deal analysis/price, your marketing, or your buyer pool are likely culprits. 

Which counties/areas per your analysis is best for cash flow, appreciation or both?