They both cited residual income as the reason they "made the switch".With REIT's and Uhaul aggressively expanding into secondary and even into tertiary markets what do you see for the future of this biz?

I personally prefer some of the tertiary markets surrounding Milwaukee. 

Columbus is home to Nationwide Children's Hospital and Wexner Medical Center which get a lot of travel nurses.

Columbus has seen great appreciation that is projected to continue due to large organizations such as Intel, Honda, Nationwide Children's Hospital and Wexner Medical Center investing a lot of money to expand operations and create many new jobs in the area.

It is definitely more suited as vacation rental than a long term residence.My view is best MTR rentals are near medical facilities and universities.  

I have been content to be a homeowner of my primary residence, and to work full-time in my W2 job (in the medical field), but I'm starting to feel like it's time to look for sources of more "passive" income for our long-term financial well-being.My wife feels like as our first investment we should aim for getting a short-term rental, due to increased cash flow. 

While most of my guests have been traveling medical professionals which has no seasonality, I am finding more and more people searching for other reasons as well.

The good news is this, I have a committed new tenant that is a highly reputable medical professional that will commit for a long term lease and wants to be in and operational within a year.

If you have hospitals and medical facilities nearby, you should expect similar demand. 

Signed up to BP a few days ago, I like reading a searching for the great amount of knowledge there is on here.A bit about me, I'm new to real estate (only about a month in) and have read the basics, this had led me to believe I would like to start wholesaling and further down the road get into fix 'n flips with my father.I have a huge drive to succeed since I need money to pay for medical bills and other obligations.