No thresholds, options - cold stop. 

Not to throw cold water on an honest and interesting question.....but if you think about it for a moment I think you'll realize that there isn't really a simple answer to that question.....any city will work if you find the right bargain.

If you don't acquire properties through the MLS, then we find properties by having a great Real Estate Agent on the team, direct mail, cold calling, and sale by owner signs?

I was cold calling, driving for dollars, waking up early to put out bandit signs, and door knocking because I did not have a lot of money to spend on marketing.

They also have more issues in cold climates.

In short, STRs are the one type of property that even without having real estate professional status (REPS), you cold potentially use those losses against your W2 or active income.

House is located in Fayetteville, NC where it doesn't get too cold.

We're successfully getting properties for $20-40k less than we could a few months ago by taking advantage of the anxiety sellers are feeling right now!  

Maybe you can look for deals for someone by helping write letters, doorknock, or cold call owners. 

It’s just plain hot out there and we can mitigate all we can and at the end of the day, if your clients keep it ice cold in there, it’s going to be expensive.