I would also strongly recommend consuming as much of the BP podcast as you can.  

Sometimes those vacancies consume the profit you made on the short term rental.As to making the choice based upon the market, it's tough to say.

While Account Closed is correct, many of the job losses are in service based industries, they provide a nice chunk of consumer demand...meaning if they don't spend, executive job cuts would hit as well.

There are a lot of services out there that offer a ton of services for DIY landlords (tenant screening, background/credit searches, rent payments, maintenance scheduling), all for no (or a modest) fee.

Pay off all high-interest consumer debt.3.

It seems to me that home ownership at a reasonable price-point might be a great way to help families rebound financially and rebuild the community, while making some good money doing it.I had no problem finding modest-income home buyers with no down payment 25 years ago who jumped at the chance to possibly build their down payment through rents. 

Even if this was a feasible idea it would consume almost 15 hours per week.

Technology makes it not as time consuming in some ways, but it still takes time to build a client base and work your business.If you do decide to invest and become licensed, there are some advantages to being both.

Was difficult and time consuming to find a deal in my price range with a VA loan in my area because the market is hot and people seem to be willing to overpay.

When I started as a new agent, I had another business I ran full time so I consumed a lot of training in evenings and weekends, something that wasn't possible with in-office training other places.