You’re spot-on about the "missing middle."

Great post @Robby Sanchez Spot on!

As more people placed more properties in STR inventory, and as more municipalities taxed and regulated the industry, the profitability of the overall industry has reverted to a much more aligned (lower) risk adjusted return.  

Just be sure to check local regulations because some spots are cracking down on STRs.

Right now, I’m considering a few areas:Fredericksburg, VARichmond, VAOxon Hill, MDGermantown, MDFor those of you who have experience investing in any of these spots, what’s the vibe like?

Hey BP,I’m relatively new to the industry with about 1.5 years of experience, but I’ve already learned that automating common tasks is a huge game-changer for efficiency.

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

I really would like an app or site that allows you to compile a list of properties with notes on the spot, and bonus points if it pulls up any info on the property as well. 

It doesn't take long to learn how to spot a good deal.6.

Welcome Gabriel, You picked a great spot to start.