The focus is purely on tenants.

I speak from experience of owning several such properties and while I made a good profit it was pure luck of timing picking the up after the crash.

If you are doing purely to save 3% your broker gets the 3% and you get whatever you negotiate for your cut....

MTRs don't seem viable in pure tourism markets (lakes, ski towns, islands, etc) is there really sufficient demand for people who can stay 30 days?

I currently have my license and found the education to be great but as a pure investor with no inclination of being a RE Agent.

You are correct financially I am no way close to the 1 or 2 % rule, it’s purely a long term, low cash flow financial decision for a great location home with a very low inventory in rentals. 

This question is out of pure curiosity since I’m weighing out all of my options.Hope to hear what everyone chimes in with,God Bless

For spam and sales soliciting, I get it, but this is purely informational with nothing sold. 

This is pure speculation from me so I would love your opinion as someone who is experienced! 

My reason for the questions is purely curiosity - we typically only do A and high B neighborhoods;  while it definitely stunts the return, it also changes the quality of the tenants dramatically, and has a higher appreciation potential.