You hit on a tough reality.. inheriting tenants who aren’t prepared to pay on time can be one of the biggest curveballs for a landlord.

To get the biggest bang for the buck , I would go where the highest concentration of illegals live .

The biggest issue I see is that they are looking to restrict STRs in the area so why would I buy there knowing it could all go away.

The biggest employer shut down about a year ago and 3  hurricanes (2 major) hit directly in the last year.

Your comment does bias me slightly in favor of Indy, since at least we're talking about a manageable car ride.That said, I'd love to know the biggest mistakes you've seen - how do neophytes typically "crash and burn?"

So cash flow isn’t the biggest concern.

I would also look at employment/unemployment statistics, and get a good sense of who the biggest employers are in an area. 

Do your homework first - then you'll be ready for a more meaningful conversation with a landlord.Best...Thanks for your response. so I have researched the rates and I understand that screening a tenant is crucial. mu biggest concerns are the carrying costs until a tenant is filled as I’ve heard the process can take up to 3 months to find a tenant.

My biggest focus right now is passive income.

And the BIGGEST advantage, more ways to monetize a lead.