Hello Bp Community,
Im in my 5th year of real estate investing in Pennsylvania. I have 3 homes managed by a property manager. As I was priced out of the area, I decided to look at other towns in Pennsylvania.
I boug...

My latest vacation rental property is a charming 2-bedroom, 1-bathroom townhome located in Seattle's Queen Anne neighborhood.

Neighborhood was good, and a park just behind the home.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Happy to help. 

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

I'd say most people in my neighborhood rented for a period before moving in.

The last thing you want is to acquire an STR deal that looks great on paper only to find out that the neighborhood you bought in does not allow Airbnb. 

What is the $1,700/month based on, and which neighborhood is this?

You might want to check out listings in your neighborhood to get an idea of the going rates and what amenities other hosts are offering.