So, your portfolio will actually be sucking cash out of your life, if you buy a traditional long-term rental using a HELOC as your down payment, for many years. 

So, essentially it takes out a lot of the guessing and constantly looking at your competition to get you more bookings.

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

This is meant fo the newbie out there who is in my situation and is just thirsty for any info to help them make a good decision.

She rented them out, occasionally sold for the appreciation, and bought more ... and more, and more.Successful and happy by any standard, real estate enabled Abu to buy her own home and homes for all six kids.

To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly.

My Goals: start out with a focus on LTRs with SFHs, self-managing and beginning locally in Memphis.

Welcome out of the shadows!

Post this in the Classifieds and you'll get a ton of people reaching out to you.

@Elvin William you should be able to figure that out yourself by using Zillow to analyze for sale & rental prices.Zillow also has a feature that allows you to export a report of all the average sales prices for each zip code.