One of the smarter recent strategies is the owner is living in the ADU and renting out both levels of the main house on AirBnb.I invest in the Bay Area and Indianapolis metro area (Class A suburb and Class C).

This has to do mainly with the timing of property tax payments for your own home (not for your investment properties) and your charitable donations.

Although the main county redemption website states 18%.

I've mainly had my eyes on the Northshore area as well Revere, Malden, Saugus, etc. 

One of the main reasons for this is let's say the lender were to lend off a value that is tethered to how much the property can earn as an STR, and they're at 80% LTV let's say.

If cash flow is your main driver, not sure how well the Madison, WI market would stack up. 

With just 5% down (yes, I paid PMI initially), we moved into the main bedroom, used the small first-floor room as my office, and rented out the other three bedrooms on Airbnb and Furnished Finder.

It does bring in some income outside of season as it is close to AC but it certainly makes over 80% in 3 main months.

For me I have 3 main goals I am shooting for:1) Pay back the debt I acquired purchasing rentals this year. 

No W2 is required for DSCR Loans - one of the main benefits as its strictly no income verification for qualifying.