ITs going to depend on a lot of factors but just jumping into STR "around the country" (i.e. potentially very far from yourself) is going to be challenging - property management fees are going to eat up a lot and its hard to cash flow as it is with current rates/prices.Most people would start with LTRs as its generally good for the "first investment" to be more of a learning experience and chalking up a lot of mistakes - so keeping $ amounts low, leverage conservative and the investment as "vanilla" as possible is generally good advice

Cash or check probably would work too but it's easier on that website.

My Cap Rate went from 9% to 6%,  my cash on cash went from 10-11% to 6-7%. 

What is the best way that you have found to attract cash buyers and or obtain investor/cash buyers lists?

Many of them don't have a lot of cash reserves if they're paying high mortgage, rent, have children etc. 

If rates did drop, that 3 year fixed period means their rate would automatically drop with it, so they wouldn't have to refinance if they didn't want to, but if they did want to (cash out refi made possible by a recession forcing more elderly people into assisted living facilities, thus driving up rents, and the value of assisted living facilities? 

For my OOS rentals, they're either in places where I used to live, or where I have family... not random markets I picked solely because the median price is low and the made up cash flow based on rosy assumptions is high

The cash flow would then be used to repay the PML, possibly faster if the home appreciates in value.

Purchase price of $76k if purchased with cash or financing, or $85k if purchased with seller financing.

Purchase price of $76k if purchased with cash or financing, or $85k if purchased with seller financing.