Anyone have insight on these being better markets for traditional long term rentals vs. 30 day minimum extended stays / MTRs?

This is likely to be an area I would like to stay in long term and build a portfolio.I did the @Dave Meyer live pro workshop to find a market and have the following insight.

Depending on the amount, and the municipality you may be able to mitigate those down some.

If looking in PFE, be sure your property is unique.

The easiest way to think of the draws is like a reimbursement where after you complete work on the property, the lender sends out an inspector to confirm that work has been completed then gives you funds according to what has been done.You should be using a lender for the purchase as well since purchase and rehabs offer the highest % of purchase price.

Trying to go to companies directly is rarely going to be your best bet. 

If you are careful and listen well you will be able to see through the smoke and mirrors to the real applicant.

You can do it all cash, but if you are looking for financing, that will be difficult without GUC experience. 

Anything i should be looking out for when doing a subject-to deal? 

Well said.