No follow through and constantly lies about progress on your home.

STRs in Non-Traditional MarketsShort-term rentals in areas near universities or event venues are gaining popularity.

I have clients who invest in the SDSU area to students, nearly zero vacancy, because of the demand, proximity to campus and quickly executed turnovers. 

I was able to close on a townhouse near UMBC (close enough) with the help of an awesome real estate agent who reached out to me after I posted this. 

just know they have completely different business models was my point where the HML are usually getting payoffs constantly and the note guys they need to foreclose to liquidate which is much more involved.. although i suspect they do get payoffs too.  

So I would look at what states are near you that have favorable landlord laws.

I've seen folks pick up single-family homes here for under $200K, add $20-30K in rehab, and refinance to pull out nearly all their capital.Indianapolis, IN: Indy is another fantastic market for first-time investors.

Louis area near O'Fallon, MO.

I can smell it nearly always on smokers.

Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.