For doing an STR well the larger properties are best and it needs to stand out amongst competition to perform well. 

How about performance and collateral types?

With minor cosmetic upgrades, he increased the rents, and now it’s one of the best-performing properties in his portfolio.I also had a client in Providence last year who bought a fourplex.

It's even better than some other brands.

New construction is also a solid option because everything’s brand new, and you’re less likely to run into issues with maintenance early on.As for research, I’d focus on the local economy and rental demand.

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If you can just make sure you are buying right, everything else falls into place eventually.There are markets that perform better than others, but unless you are holding long-term or building rentals, you shouldn't really care too much since flipping is all about buying at the right price for that market:

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

In fact, we even replaced her brand new heater.

I've been watching Chad Carson's videos and his approach of accumulating more properties than you need, then start using that income to pay off mortgages and cull the lower performing properties makes sense to me.