You can decide to STR or LTR based on the property and the particular pluses and minuses, but I wouldn't let either strategy guide your choice of home, really the other way around, let the home guide your strategy.

I'm planning to getting my feet wet with an actual investment, specifically in the LTR space in Philly -- where I'm currently based. 

If the house floor seems to jump, bounce, or wobble when you walk on it, that floor and maybe the walls, were not likely built correctly.Check EXACTLY where the house is located based on the fire zoned maps. 

This will at least help you get exposure to other folks that are in different verticals in real estate and help you figure out which avenue is for you.Happy to chat more, I'm a broker & investor based out in NYC/LI.

I am newly licensed and considering joining eXp as I like the cloud-based model.

They will qualify based on the market rent 1007. 

Don't limit yourself just based on where you are currently living or going to live.

Then he can go as slow or fast as he wants based on that timeline.50% payment upfront is very generous with someone you don't know.

I think the asking price may be more than if it was based on LTR since cash flow will be more with MTR/Airbnb.  

I am based in New Zealand, What is your question, @Sovandy Yin ?