Not sure of your current family situation and if that is feasible.

It is likely that many of those travelers are booking multiple trips per year and the pet-allowing properties are getting the greater share of the stays.I'm interested in the source of the stats you quoted.

Managing multiple properties does come with its own set of challenges, like juggling different maintenance issues, taxes, and possibly even varying market conditions if they're not all in the same area.Here's where your financial goals come into play: Are you looking for a more hands-on investment with potentially higher cash flow from the get-go?

We have a situation where my in-laws will be living with us temporarily.

Even if you have to go 1-2 hours away, it's better than multiple states. 

What would you do in this situation? 

Montgomery is situated right in between the major cities of Atlanta, Birmingham, Mobile and the pristine beaches of the Gulf Coast.

I would say that a 1.20x DSCR ratio minimum for BRRRR is a bit high - plenty of options out there that wouldn't require such a hurdle A lot of industry DSCR requirement doesn't make sense actually, typical cap rate right now for single family with average price of $1.3 mil in SJC is about 1.5-2.0% right now, DSCR is whooping low 0.3-40.I don't know how you guys could qualify DSCR rental in CA these days.Now that our friend in Milwaukee is having trouble getting financing of his own, and we speak about Milwaukee here where not too distant ago, it was in double digit cap rate territory.my question to you lender folks how are you adjust to these situation ?

What I have done in this situation is I acquired the property and then had the individual sign a long term renewable lease and the cost was $1/yr + the costs of insurance and taxes. 

Plenty of multifamily real estate here and multiple, billion dollar companies are investing substantial amounts of money into our area, such as Intel, Google, and Amazon.