And the short answer is no…AS LONG AS YOU ARE PAYING ON TIME.

Brokers, Title Company, Seller.

I believe that this strategy not only offers lucrative short-term gains but also provides valuable experience in the real estate market.Additionally, I am enthusiastic about acquiring rental properties as part of a portfolio.

Probably not going to help you in the short term though.

However, I'm still open to choosing Columbus Ohio if it's a better investment than the Philadelphia area.My priorities are:- Landlord friendliness (I don't want to get stuck in a location where its hard to get uncooperative tenants out of a property)- Friendlier Short Term Rental laws (AirBNB, etc) - Ideally lower property taxes (Not a huge concern if there isn't a big difference between the two)- Better cash flow (If the different purchase price to cash flow is substantial, I'd want the better cash flowing area)Which between these two regions would you recommend?

Huntsville is a very popular market (and there are short direct flights from DC too), but I would encourage you to take a look in Florence and Muscle Shoals, Alabama where we manage.If you are interested in the Shoals area, I can help you with insights regarding economic vibrancy, market dynamics, investment strategy, high-ranking public-school systems, etc... and a turn-key experience by helping you find an investment and managing it too.

My plan at the moment is to live at uncles house to save money, finalize things I need to do in my location and find an apartment that has a short term lease of 6 months in Dallas.

And buying the other one with maximum leverage.This can be especially beneficial to you if the short-term rental you want to buy is positioned such that you could take advantage of a 2nd home loan. 

Now, I have a portfolio of Short Term Rentals and Long Term Rentals.I've also helped other investors with their DSCR loans and flip projects.

If it is anything like ours it says that the sellers and/or agents know of no material defects.