Could anyone provide recommendations on specific locations or strategies to maximize my chances of success in this venture?

They have since moved out and are now renting out both units, and on to their next property.An alternative idea would be to house hack by renting out individual bedrooms (any single family house would do), a walkout basement (slightly more rare), or a garage apartment (even more rare).

Is there any specific strategies you are interested in using? 

Forrest - Not sure what transpired on this loan, or if it did even transpire, but I would give two pieces of advice here regarding DSCR lending, one of which specifically for STRs:1.

Thats a pretty broad comment but I would jump onto our local FB group Philadelphia Landlords Connect to read through and ask specific questions  

I’ve recently taken a jab at wholesaling, specifically marketing to the Memphis area, in an attempt to build enough capital to buy my first investment property with cash.

Alternatively, if it's rented to students on a 9 month lease, does it usually cash flow? 

Hi @Daniel Seo, I am originally from Washington and have family in Tacoma greater area, specifically American lake area. 

I know @Sean O'Keefe was active in real estate in that area and knows specifics for Nevada and CA.

Obviously, you must find an insurance agent who communicates well and can explain terms and policies in plain English.You weren’t specific with your question but there are two types of insurance you need, Title Insurance and Property Insurance.For Title Insurance we require a lender's title insurance policy for 125% of the loan amount, a 2006 ALTA policy or 2021 if available, and various endorsements.