There was so much that resonated with us, so I wanted to confirm everything you said.1) Our target locations are near hospitals, and our target tenants are traveling medical professionals, but we also have other industries such as Amazon, construction, and military operating in our area who have reached out to us through Furnished Finder (FF).

If you find one that piques your interest, connect with local investors and professionals in the area to gain further insight into the market.The Midwest markets have been gaining a lot of traction because of their affordability.

Develop strategies to address each risk factor.Professional Advice: Seek guidance from real estate professionals, including real estate agents, property managers, and financial advisors.

But each time you will double-triple quadruple your initial principalIdeal cashflow amount of course is a positive one then the more the better but more means usually also more work.

Made this offer a few times over course of 6 months and gave up on it and the seller came back with favorable contract.

Talk to a qualified professional or two, and not a public forum, honestly,. 

And to Mike's point, if money can be made, why not do it yourself and self-manage the STR or even hire a professional manager and cut out the middle man arbitrager.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Of course it could pass tomorrow, so no real hurry. 

I’m afraid the Zillow one may be most the accurate, and of course it is the lowest!