I guess if I had to define "landlording" I would say: It's the combination of owning and self-managing an investment property.I did that once for 2 years and new it's not for me.What I am into is entrepreneurship.

The characteristics defined by the location include:Total capital required: If you can grow your portfolio using accumulated equity by cash-out refinancing, which is only possible in areas with high appreciation, you'll need considerably less capital from your savings.Inflation protection: Whether rents outpace inflation, enabling you to sustain your lifestyle indefinitely, only occurs in cities with significant and sustained population growth.Income persistence: How long your income will last.

Make sure to define your requirements and screen all candidates consistently.

You've defined the polar opposite of what it is to be a professional, proficient or even half-azz landlord.

Create & define your Buy Box and then find properties that fit.Make offers that make your numbers work, not the asking price.

The VA loan requires you to live in the property as your primary residence which is defined as at least 51% of the time.

I suggest that you clearly define what you what and do some research.

Yes taxes will be usually be higher for a non owner occupied.Insurance will definately be higher.

My credit union account shows the following entry:: "Withdrawal RT # NOT DEFINED [TENANT'S NAME HERE] 6060, -$1950.00." indicating that the deposit of the tenant's rent check #6060 in the amount of $1950.00 was reversed, resulting in a debit to my account of that amount. 

Let’s talk about what people want in their STR that allow them to then pick the location of their property.There are several defining characteristics that truly make an STR great.