This may be a really naive question, but it got me thinking, is it more attractive to a rent a home in an area where most of the surrounding area owns?

It's highly unlikely you can file multiple claims in a short period of time on the same property and not experience a rate increase in the current market. 

I personally am looking to get into multi-families and short term rentals.

💸This can be a great opportunity for homeowners to host meetings, events, or short-term rentals without the burden of additional taxes.

Depending on the loan amount you need, the length of time you need the funds for, the scope of work, and your personal qualifying factors - you could utilize a short term bridge/rehab loan to do the renovations or you could take out a HELOC!

You'll figure those things out much quicker chatting with operators in markets you're attracted to. 

I'm moving to an area with a large hospital presence and I know someone who does Airbnb for short-term family stays.

Recognize the need for rental housing, property values, and neighborhood patterns.Determine both your short- and long-term goals.

The will have a short inspection timeline.

Hey Youngwoon,Short answer is no, you are not a first time buyer by any standard.