Just choose somewhere in the mid west were 200k buys you a very nice livable home.

I'd suggest choosing an area that looks like it has potential and then spend your spare time just driving around.

With a thriving tourism scene and steady year-round visitors, it’s perfect for short-term and long-term rentals as long as you are choosing an unsaturated asset class.

There's no right or wrong way to do this, just varying levels of risk and reward and YOU need to understand what they are for whatever strategy you choose. 

I now exclusively invest internationally so I was never interesting uninteresting neighborhood stories.

@Dion DePaoliWe do work almost exclusively in low value band assets under 125K values.

Potentially a 'exclusivity in exchange for reduced fees' or 'reduce per-visit fees as the number of calls increases.'

Also, if you're working with a local bank, theyre likely choosing not to originate  Conventional loans for investment properties and to only offer commercial loans that they hold on their balance sheet, which are subject to their own internal credit policies.

I have just purchased a property at the Jersey Shore that will be used exclusively for short-term rentals through the summer season. 

Either they choose to move out or you get paid for the “hassle factor”.