The 2yr benchmark is for non-salary/non-guranteed income (there are different 'flavors' of salary...).While i don't do STR's, I think I asnwered your question above. 

“Every neighborhood has its own flavor and character,” says Emily Green, a REALTOR® with Sandy Green Realty in Minneapolis.

I am thrilled to be a newly licensed agent at such a vibrant time for the Austin housing market. 

Was surprised to see such a large and vibrant community!

Texas is a vibrant State with a strong economy.

That being said, one tip I can give new investors and out of state investors is to have at least some sort of grasp on the neighborhoods to invest in before just diving into making offers and such.With Chicago being such a large city filled with a ton of vibrant neighborhoods, I don't believe that it should be up to you as a first time investor or out of state investor to learn about these neighborhoods through your own research.

Vinh, what flavor of Commerical real estate?  

Agreed @Justin G. and I will add a few more flavors of diversification an investor can achieve:Project type (Value-add, stable cash flowing, etc)Sponsor diversification 

Little Havana is a very touristy location full of vibrant culture and nearby to downtown.

So, it's not about catering to the whimsy of folks who just want to live in world class cities, it's about keeping the critical elements of a vibrant city all getting what they need so they continue to stick around and contribute.