If appreciation and scalability are your long-term goals, consider house hacking or saving for a bigger market later.

so... i'd start in Florida. 

A lot of my friends started RE investing that way.

There is a harsh Reality when you start acquiring more units to your rental property portfolio.

But for maximum revenue start with seeing what rooms go for in your area. 

I realize that there are variables from market to market and property to property that could make VRBO more effective for a given property, but my understanding is that in general Airbnb bookings get out to such a dominant start in regard to percentage of the bookings, that VRBO and other lesser OTAs have trouble catching up.

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

Let me know if you’d like to connect over a call or coffee and I can share my experiences or answer any of the many questions you have as you get started!

Question• Has anyone formed an llc to start and fund their 1st real estate purchase using a SBA loan?

Yes you partner with them on the individual deal but you get the reps in to become better at watching a deal from start to finish.