Coupled with the accessibility from visitors in larger markets (i.e: a "gas tank" destination), 19 million visitors annually, and overall affordability of vacationing (and living) - makes it a great candidate for an STR. 

Nearly a complete cosmetic rehab in all of the units plus a new roof, new electric meter, stucco repair / new paint, new windows, added gas lines for the ranges.  

Added Central A/C Coil to existing gas forced hot air unit.Replaced 60A with 200A service/panelFinished the attic into a large 450SF bonus room.

Added Central A/C Coil to existing gas forced hot air unit.Replaced 60A with 200A service/panelFinished the attic into a large 450SF bonus room.

Add - Central A/C Coil to existing gas forced hot air unit.Replaced 60A with 200A service/panelFinished attic into a large 450SF bonus room.

Add - Central A/C Coil to existing gas forced hot air unit.

Or you can go a different route and move into oil gas and mineral resource royalties via the 1031 as well. 

I wish I was this smart at 25...I'm investing in Pittsburgh and your numbers are very realistic for a small MF here.One thing I would say about the difference between MF and SFR: in MF you are paying some of the utilities and in charge of the exterior of the property.Most of the small MF here are separated for electricity and gas but water and sewer separation can rarely be found.

As an actionable item you should be able to unload elec and gas onto the tenant upon lease renewal or turnover.

(I did the work myself, so I had to buy food and gas while out of state).3)The house has only been available for rent 8 days this year.