If you evaluate the long term goals of your property does it align with having these tenants? 

@Tatum Littleton, I appreciate your welcome and reassurance that we are choosing a good starting place. 

Comes down to personal values, goals, risk tolerance, and time.

What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

My ultimate goal would be to buy fixer-uppers to turn into long-term rentals.

Leave the owners alone, when and if they are ready to sell, they will, and there will be plenty of lots to choose from on the MLS.I have no statistics to back this up, but in my casual observation after our fire is about 1/3 of the owners rebuilt their homes (some built similar, some duplicated exactly--big mistake, and some built better/nicer/larger homes). 

I'd be happy to talk with you further about how to leverage your real estate license in pursuing your investment goals.

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

A couple thoughts on your question:I tell our STR investors in Colorado that their main goal should be to set up the right way right out of the gate.