@Sean Kelly-Rand I’m from Boston and recognize that I have some bias.

Now that you know my potential bias, I will continue.So we are on the same page, I believe every investment property/location must meet three criteria:• Sustained profitability - The property must generate an acceptable cash flow today and into the foreseeable future.• Likely to appreciate over time - You would never buy a property just for appreciation but appreciation is very desirable.

The lender will also require a good faith deposit equal to a small percentage of the loan amount, which is refundable to you at closing.I'd recommend a Mortgage Broker, but then again, I'm bias.  

I am certainly biased since I work with the people I am about to recommend but, at the Blacksburg Brown Edwards, Gary Cornwell, Jamie Dunn, and Mary Anne McElmurray all do exceptional work on the tax side.

One reason why we have such growing TKPs.I'm obviously biased towards Memphis but I'm sure all the other cities folks in this thread have suggested would be great too.Feel free to message me if I can be of help here!

I'm biased.

That smacks of what statisticians call 'survivors bias'.

You have to make many decisions on your own without biased input from others.

Family Member is defined as follows, regardless of actual or perceived sexual orientation, gender identity, or legal marital status:  child, parent, or grandparent; o a child is defined as a son, stepson, daughter, or stepdaughter; o a parent or grandparent includes a step-parent/grandparent or foster parent/grandparent;  spouse or domestic partner;  legally adopted son or daughter, including a child who is placed with the Borrower by an authorized agency for legal adoption;  foster child;  brother, stepbrother;  sister, stepsister;  uncle;  aunt; or son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-inlaw, or sister-in-law of the Borrower.Or these other exceptions:(3) Exceptions to the Maximum LTV The 85 percent maximum LTV restriction does not apply for Identity-of-Interest transactions under the following circumstances. 

I'm a little biased since I do LTR here in Denver, but I think short term rentals can actually be LESS wear and tear on the property due to it being cleaned 5-10 times per month by a professional cleaning service, and the need for it to be in great condition for fear of the host getting bad reviews.