For Americans using their housing allowances, there’s a unique opportunity to acquire properties that generate strong yields without relying on appreciation alone.2.The Hard Stuff Still Pays OffYou’re spot on that we’re in a “What can you do that is really hard?”

Stay away from Philly as their laws are as tricky as NYC's.I would strongly recommend you purchase something within an hours drive from you so you can learn on the job as a landlord. 

Starting with the Right PropertyGiven that this is your first STR and you’re planning to manage remotely, I’d suggest focusing on a market with a strong local infrastructure for short-term rentals—like Panama City Beach or Destin.

It could be a good option if the investor strongly desires ease and passive style.

Multifamily and with strong retail tenants as a bonus. 

What started off as primarily a second home with the possibility of short term leasing quickly flipped to a STR first and a second home when not rented because demand is so strong right now for STR's in this area. 

It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

Beyond that point, the returns aren’t just monetary—they’re legacy-driven.I find it surprising that some investors can’t see the value of this mission.

I listed it for a month, then decided that cashflow would be strong with the current mortgage.

Mailing campaigns targeting landlords who’ve owned thier properties for 20+ years (especially small multi-family) have brought in some strong leads.