The truth is, people are suckered by this all the time.

My experience has been that although I outline the requirements for tenancy in my properties, both brokers and PMs still send people who would qualify for most property owners but do not meet my outlined criteria; and then are SHOCKED when I reject them.  

With regulations increasing we've been seeing more and more people who want to invest in STRs start investing in Vacation rentals.

Hello good people!

Many many many people.

Gene unlike most people who try to do what he does, does what he does.

Also Saw this as the same in shenandoah and people buying condos.

Although I’m guessing most people in this position would use Wordpress or something more customizable.

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

To me the only thing that is working now is partnering with people who have their own salaried teams.