there is tremendous demand for inventory by both investors and retail buyers which is making it tough for the casual investor to succeed.it's great that you're thinking about getting your financing in order. 

Neighborhoods like Logan Square or Albany Park have seen growth in rental demand, making them potentially good starting points.

You may also want to check the Columbus OH market - great macroeconomics with lots of job and population growth along with major companies developing here that drive strong rental demand. 

If your goals are long-term - this market will offer a ton of appreciation and steady renter demand.

It’s known for its affordable property prices and steady rental demand, which makes it an attractive option for reliable cash flow.

The restrictions vary by location, but they can impact guest satisfaction and demand.

Excluding the periods of “tulip bulb” irrational exuberance, a property must produce enough of a risk adjusted return to satisfy both the ROI demands of the “limited partners”, and the income/time requirements of the sponsor.  

Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.

I hired Jenny Yi to design our latest STR in person, she demanded that I pay the full amount of her services upfront, $7,500, which I thought was strange as we are used to paying half upfront and half once it's completed, but proceeded anyway because a couple of people recommended her.

This market has a lot of large families and therefore 5-6 bedroom rentals are in demand and tough to find.