For flipping you have to be in a viable market that produces such opportunity. 

Hi All, I live in NY and I am looking to buy in a hot market.

My top reasons are:- Current income- Hope of price appreciation- Vacation home to go to- Store of value/hedge against inflationOne other reason for me that I am not sure is captured in the original list is that STRs is what my market gave me.

This is exactly why I've been staying away from markets like LA and focusing on midwest markets. 

high rise condos appeal to a very limited market of buyers.

@Nelson Sbravatti in my opinion, Jackson County is a better investment market.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Someone will need to be handling inquiries, monitoring rates, guest issues that arise, marketing, repairs, maintenance, and housekeeping. 

I have felt several of those same pains at times while brokering deals and helping my clients navigate the STR market here in Myrtle Beach and North Myrtle. 

I have an off-market opportunity and want to jump on it!