People were so quick to say he was way off base.   

Give me a fail-safe system over a tenant's assurances any time.

A prudent investor doesn't seek quick riches through shortcuts.

If you can get a single family home and have roommates, that's the most approachable strategy and will really allow you to know rather quickly if you hate managing rentals or not.Here's my experience starting at 22, and what I regretted from house hacking: https://www.biggerpockets.com/forums/922/topics/1133476-hous... 

I also did notice the REI had some newer builds in Ward, AR but those seemed be sold quickly.

Ask what happens during certain scenarios, quiz them to make sure they would handle it quick.

Yeah, that could be a good idea if you're confident you can pay it off quick.

Quote from @Edreco Amos: @Dominic MazzarellaThank you for the quick response.

My guess is there are some STR owners or managers genuinely unaware their current pricing exceeds the price gouging thresholds until it is brought to their attention.]Will PriceLabs and other dynamic pricing tools- respond quickly and appropriately to these issues?

You need a repair partner who can get out immediately and has quick access to replacement parts (if not already in stock).