Selectively winnowing out the properties that are not performing well, not trending well, or with capital expenses looming. 

@Dwayne Clarke going to take an educated guess that what you were cautioned about is buying someone else's problem.Over the last couple of years, many OOS investors bought a bunch of SFR and MFR properties with LITTLE due diligence.Many were sold Class C & D properties that they thought, or expected to perform like, were Class A or B.Once they figured out what the properties really were - via tenant nonperformance and never-ending maintenance issues, they looked to sell them.If you know what you are doing, their loss can be your gain.If you are new and do NOT know what you are doing, then you'll just be the next "sucker" that gets taken.

Despite obstacles Miamis real estate market stood strong with 96% of the asking price received—a dedication to excellence.Time—the mysterious currency of existence—seemed to yield to Miamis influence.

I have a sub to like question along the same lines.I own a STR that is performing well (30% COCR) and I want to scale my business.My parents own a few properties in cash.

I don’t know anything about TN real estate but NV real estate will perform better than most of TX with much lower property taxes, zero foundation issues, and cheaper insurance. 

I personally own and host 14+ high performing short term rentals.

Reality is few markets have out performed San Diego in residential ROI and no one should be choosing a different market based on historical ROI.  

In Toledo when performing an eviction, you have two options. 

The influence of the global economic slowdown permeates from localized markets such as Bakersfield, California, to the expansive horizons of the United States and beyond.

STR above certain thresholds is generally considered a services business more akin to a hotel, not passive rental income.Confirm with your CPA on the best approach to form and perform tax reporting for your short-term rental business.