Not in how you rent it out.If you're buying off the MLS, and paying the same for the property as anyone else in the market for a second home, it's not going to cash flow very well.Sure, STR vacation rental can be much more lucrative than a standard annual lease, but as stated above the expenses are also greater, so it's a wash.Make sure you're implementing sound foundational RE principals first, then get into the details of STR and how it differs from standard.

I am 24 years old.I am extremely excited to be here and to communicate my intention for the future and the motivation behind it.I am currently listening to the BiggerPockets Podcast #35 and it says that we should jump onto the forums and ask for help creating a plan that will enable us achieve financial freedom.Here I am BiggerPockets :)I am a hardworker and quick implementer.

They then also have the choice to figure out how to implement that strategy just as we do (raising money, using their own, taking out a loan, etc.)

It's not that hard in Michigan...if you're:1 -in the right market2 - Know how to "use" money like a chess game3 - Have a plan based on a series of achievable goals that dictates "when" and "what" you invest in...and you stick to it.If you thoroughly understand, and can implement all three of these disciplines, at the same time, as a "team"...and none of the three are more important (or less) than the other two, you can do it easily. 

If you attempt to implement the ADA, you will quickly forego that idea once you spend a few minutes reviewing the guidelines.

Take a look at this:  https://duluthmn.gov/media/5616/vacation-dwelling-vs-home-share.pdfThe City of Duluth has implemented ordinances in two directions on this. 

Last year, 13 months after I bought my first 20 unit apartment, I had increased the gross monthly income from $12.8K to $17.2K, that allowed me to refinance out $163K ($33K more than I initially invested).I did this through a combination of cutting expenses, raising rents to market, implementing late fees, pet/move in fees, and adding a 21st unit. 

The process has many less hurdles if attention to detail was implemented with paperwork as well as servicing the property.  

Food for thought for sure but I am convinced that soon after 5g networks are implemented many changes will come almost overnight

These are policies that I (and most here) routinely implement.