STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.

I definitely think in my area, many of the good opportunities I could qualify for with my income would have pretty high rehab needs before they're rentable, so it's good to hear where you would start out instead.

Honestly, unless you’re in a high-end market where buyers or renters expect it, dropping thousands on a sprinkler system probably isn’t your best ROI move—especially if the property has been sitting for months.

I live in Seattle, WA but due to the limited inventory and high prices I want to invest out-of-state.

Thanks for your guidance because without it we may have bid too high. 

Second, I expressed concern over the appraisal rental analysis not being high enough and was told, "We are at a 1.22% DSCR ratio so we are good.”That was on Dec. 5.

Investment loans generally carry high down-payments and costs.

With 7 properties I would highly suggest getting a PM software to help you.

The other quotes I received were often unreasonably high compared to other properties in my portfolio—sometimes exceeding my current carrier’s increased rate for this property while offering less coverage.

Gutters are a must, I would highly recommend installing them on your property if you dont have them already.