I'm located in Atlanta, GA. are you only looking in Atlanta? 

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

In general I say its a personal preference and there is no right or wrong here, just what works best for you. 

I won’t pretend to be an expert by any means as I have only been at this for 4 years and have 5 properties, but I thought it could be helpful to share actual numbers and different ways to look at them.

We consistently produce over $70k in net income and I distribute this to support my family.Long-Distance REI: I am looking to invest in long-distance cash-flowing SFH in growing C-Class neighborhoods.

I'm looking forward to learn and connect with all of you already in the game. - JeffWelcome to BiggerPockets!

So, looking into this area could be smart for you all. 

Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat  Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?

The most reliable way is look at other STR's in the area and see what their nightly rates look like over the year and look at their occupancy rates. 

I look forward to connecting with like-minded individuals, learning from your experiences, and contributing to this community.