STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.

Are there other ways to avoid the high tax on these gains? 

I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.I like the west side of Cleveland.

The interior was made up of high efficiency HVAC systems, contemporary lighting, and electric water heaters.

Thanks we started using go high level and it can work with power dialers.

I’m targeting assets between 25-100 units located in high-growth markets that exhibit strong fundamentals.

20% is not high for managing a STR.

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

Is this price differential largely a matter of how high-end you make the finishes?

Gutters are a must, I would highly recommend installing them on your property if you dont have them already.