I'm a slow and steady wins the race investor that has little by little bought single family rentals (combo of long term, mid term, and short term). 

We are self performing the entire build with exception of mechanical sub contractors

Of course, I assume your answer will be in general terms. 

Welcome Mac, go Long Horn !!!

STR regulations are a big consideration before you make any big capital improvements specifically for short term stays, also running your numbers and making sure that your area offers consistent returns above what you'd get renting it long-term.

Long time listener of the podcast and just joined.

@Michael P.Sure, as long as you don’t mind if I go ahead and increase the list price by 25% first!

Hows it the biggest change to the industry in a century...when literally 25 years ago the MLS was not on the internet, and thus commissions not easily discernible from going to an online MLS.Literally we are just going back to something that existed in the industry not that long ago.

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

Some suggest investing out of state for better cash flow, but that's not an option for me at this time.Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model.