Ithaca usually seems to have good intentions but this one is just short-sighted.

To hit $1mm net equity in 5 years you have to approach from mainly an appreciation approach.  

I currently live in San Diego, Ca. but have been looking in the midwest, mainly Iowa, Indiana and Ohio, for properties. 

We actually have our main meeting coming up on January 14 and a county meetup in Clermont the following week .

But that also depends on your down payment- putting only around 20-25% down is hard to have a profitable STVR.Ultimately with STR v LTR, I'd be mainly curious about your intended use of the property. 

Intent is to get the foundation blessed off by a Civil Engineer and save about $15K in foundation costs as the original design was for a 3400 sf house.

Mainly because if I used that metric alone I would not have done my last 10 successful flips. 

I am a mainly cashflow person. 

If I was looking in PG County, I think Hyattsville and College Park would be my main targets.

You should have two main lessons learned from all this.First: Tenant screening.