I highly suggest you go.And it's VEGAS!!!

Single family or vacation rental (prefer a home rather than condo, townhome, etc) with high or moderate STR (short term rental) value.. in various markets nationwide.

The guarantee of getting paid and a high hourly rate would be what would entice them to use the hourly rate structure over a commission structure.  

I mention all this to in short say, expect very high maintenance on the front end. 

Many experienced mentors in this group can help guide you in the right direction.I highly recommend saving as much as possible and setting aside a hedge fund for financial security.

Ask your PM how to come up with some strategic incentives...possibly listing high and reducing every 7-10 days until it's rented, offer a move in special, a gift card, future rent credit, etc. 4.

But for the vast majority of investors the burn out caused by high evictions, violence, domestic abuse, unemployment, life crisis of tenants, intentional property damage, drive by shooting, illegal activities, use of weapons, police raids, police neglect of neighborhood, etc. results in investors desperate to "get out" after about 90 days.  

@Tyson Regier and @Eric GerakosAs Investor, PM and Realtor in Palm Coast I would love to speak with both of you about the highs and lows on the Palm Coast market.  

Many of my clients are high W2 earners who are taking advantage of the "STR loophole." 

I would also consider MTR in these markets as it is highly profitable with less turnover and more options for guests.