I just partnered on a owner financed property ($1,000 a month principle only for 10 years with a $60k balloon), and do flips with another partner whenever we can find the opportunity. 

You can also find a MTR consultant or someone who operates in the area to help you determine the rent rates, demand, and supply numbers in your market. 

My family is donating supplies for the flood.

We have a supply issue because banks stopped lending to builders other than one or two at a time for spec builds after the bust in 08 so they were limited in being able to grow the supply. 

Conde Nast Traveler recently announced their 'Top 10 Trips everyone in the US should add to their bucket list' and it features some impressive vacation regions and activities:- Hot Air Ballooning, New Mexico- Bluegrass Trail, Virginia- Visiting Point Dume Malibu, California- Horseback Riding, Wyoming- Airboat tour Everglades, Florida- Winter expedition cruise, Alaska- Spiral Jetty, Utah- Camping In Acadia National Park, Maine/Rhode Island/Massachusetts - Trekking the Bayou, Louisiana - Wine country, Willamette Valley & Napa Valley Oregon/California 

After talking to two realtors with intimate knowledge of the area, we learned that STR rents and annual occupancy are just too low to even cover the PITI of properties in the area, let alone maintenance, supplies, lawn care, snow removal, etc.

@Tyler KeslingContract services and supplies are specific to the market, as maintenance, with labor.

However, with nearly 1 million units under construction nationwide, supply pressures persist, especially outside the Sun Belt.

Rental property valued roughly 370k, I owe 160k and a 40k balloon on it.

.), where things are (cleaning supplies, trash, etc.) and points of interest in the area (such as local attractions and restaurants).As I am new and definitely still learning, if I missed something please let me know.Wish you the best as you get set up!