@Joy Daniels I have one of my STRs in that market on Anna Maria and each “city” on that 7 mile island has different STR rules.

Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.

Also in Touristic cities like Paris there is a competition among tenants to get the LTR  appartment.

They couldn't get a construction loan and were constantly blaming the cities being tough on their permit process.

That being said, there is a rather diverse property and tenant mix within Allentown, like there is in most cities. 

We’ve been looking at cities like Fullerton, Cypress, Anaheim, Orange, and Tustin, but we’re staying away from LA County and Santa Ana due to rental restrictions.A little about us:I’m 30, my wife is 28, and neither of us has owned property before.

We haven't even discussed carriers raising their rates due to their reinsurance carriers increasing their rates, your building locations (CA, FL, NY, coastal counties/cities, etc.), how litigious is your state, your own loss history/ratio as an individual investor, the carrier's overall loss ratio in a certain state/area, the deductibles you've elected, etc. 

Doesn't cause trouble for you/neighbors/city/police.That's pretty much the sum of it.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Once you know how the land is allowed to be used by City or County zoning, start working to a "highest and best use" mindset where you find out how the deal can be quickly turned into money by the end user.