The opportunity for outsized profits versus LTR always exists, because it requires much more work in terms of marketing, maintenence, cleaning.

That means the longer you hold out the more you'll end up spending.I've bought properties in any season and it really doesn't matter.

LEDs seem to eliminate another short phone call to change a bulb because a tenant isn't sure how to remove the glass cover.

Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.

In the next part, we'll talk more about how to get along with sellers and negotiate, looking at how powerful good communication and using relationships to get good terms can be.

Any other insight that you can provide would be greatly appreciated.The short answer is YES, you sure absolutely can do it.

Investment real estate is such a great way to build long-term wealth. 

@Christopher Lynch  NH has some amazing area's for Short Term Rentals.

It is so no cost for me due to Chase holding my mortgage, but it is absolutely zero cost to tenants...https://www.jpmorgan.com/commercial-real-estate/rent-payment...

Also, you can't take short-term rental income for granted as if it was long-term rental income.