What strategies do you recommend to optimize results?

This is the property that needs the most amount of tweaks and attention to remain relevant.And because is the competition helps to be in a good community with amenities near the parks, themed rooms, etc....I wouldn't recommend the area if this is your first STR but If you already have an STR and are comfortable listing in all the channels and optimizing so you can be in the top 10-20pct then it can be a good market.

Discover the proven strategies and techniques used to determine the optimal rental price, ensuring the attraction of high-quality tenants and the maximization of rental returns.

I'm also afraid that I'll miss the opportunity while waiting for the optimal buying environment.

Given I'm not from here, I'd love to hear everyone's input on the best locations for optimizing this strategy.

I think a mix of investment methods are needed to optimally increase your cash position and asset value, while keeping taxes low. 

People just have a hard time turning their mathematical optimizer brains off, and knowing when to say, “I have enough, this is no longer a math problem” and paying the things off and living their best lives.The other problem with that is it’s like a 5-7 year journey, easily, once you make the call, to pay off property.

There are ways to optimize it, but on average I'm seeing the rent-to-price ratio at about 0.005.

However, if you are willing to cut back on those things, you might naturally also feel inclined to optimize the rest of your spending.

When working for buyers, my job is to get you the most optimal property and price within parameter.