If you want, PM me and I will send it to you formatted to make it easier to read.

Interestingly, though, people who have experience with STRs seem more likely to pivot to the MTR strategy once they realize how much easier it is and how well the renters treat their units.

I see that kind of structure (maybe different splits or thresholds) with first time LPs - it's generally simpler and easier to understand.

Not sure how will it work if you want to target Midwest or other out of state properties. 

For this reason, I would take inventory of the local banks within your target markets that offer financing options that best serve your real estate needs (again, usually the smaller local banks), and build depository relationships with them.

A contact of mine has been thriving with STR investments in suburban Chicago, targeting guests visiting for conferences.

Johnson City could be a great spot for STRs, especially if you focus on hospital staff rotations, visiting professors, or traveling professionals, which would balance out any seasonal dips in tourism.For STRs, consider targeting weekend travelers exploring the Appalachian Trail, Boone Lake, or local festivals.

However, with Software to make it easier to manage properties efficiently has helped tremendously.

Well, at least it's much easier to gather 201 hours than 500 hours.

It's about targeting the right audience at the most affordable cost.