There is also niche traveling progressional that could compliment an STR.Which has been the better success rate for investors in the area?

But if you plan to travel back and forth, just make sure that the people you have working on your property are highly reputable and trustworthy.

Buy a couple rentals, quit your job and travel the world is not realistic (anymore).As a city we have a lot of problems with OOS investors who do not take care of their properties. 

I have not been through an 08' situation, but I can say in confidence you want $10-15k in reserves PER door if you want survive an economic downfall.

It's not looking good for rate cuts.

With such low inventory, Investors are hungry for properties and this ain't looking up, unless the rates come DOWN!

In addition to being near the street car, we were surrounded by historic buildings such as the Anne Rice Estate House and a variety of the city's highest ranked restaurants that are regularly featured on travel channels such as Shaya.

ive been with Travelers for several years on one of my rentals. 

While it's a topic for another day, I'm concerned over the softening of the market for domestic travel (although personally, it's great the US $ is doing so well).

This is a big negative for me from ever wanting to do a MTR.There may be exceptions to this if your property is in a high demand area like a large hospital where there are many traveling nurses.

If i sell this, i may be able to net between 189k - 230k depending on what i get, not including fees (agent)  and capital gainsGoalTo be financially independent in 5 years or less so i can travel the world more.