There are a lot of STR opportunities and if you play your cards right and land a decent purchase that ca cash flow its a wise investment.The flip side if is for some the reason your location is not as hot on the STR find a long term renter and cash flow with a longer lease.

For Multifamily, to get started I recommend the Multifamily Mentors podcast within Bigger Pockets (there are numerous other multifamily specific podcasts and You Tube channels as you start your journey but this will help get you started) as well as a number of books - The Best ever Syndication Book by Joe Fairless, Lifetime Cashflow Through Multifamily Properties by Rod Khleif, and Financial Freedom Through Multifamily investing by Michael Blank). 

Should I take that data to mean that I could probably do just as well operating an STR here as I could in a vacation hot spot?

Yea, seems very competitive so was hoping someone on here found some luck recently though and was able to offer some advice in this hot market.

STR is hot right now.

Hi all, I have two properties in Nashville, TN and like many other cities with high appreciation, I’m finally priced out. I’ve been looking at neighboring cities and multifamily property at or below the median but the...

Actually having a tankless water heater, if the tenants know or find out may incentivize them taking longer showers since the hot water never runs out.

Hey @Alexander Hogarth, interesting question...So, my understanding was that "bird-dogs" find deals for their buyers but do not put them under contract...Instead, they simply pass on the very hot lead to one of their buyers and charge a fee for this.

It just depends how hot your market is right now.

Examples: hot tub, extra bathrooms, game room, certain type of decor etc.