Quote from @Madhul Shah: I live in New York and I'm 22 years old.I'm interested in starting to invest in real estate and am still new to the process.I have been exploring STR deals around the country.However, my question is if someone has access to a substantial amount of capital, would it make sense to invest in LTR's?

It lets you focus on scaling up instead of dealing with day-to-day management.

I have some points on Supplement B, but not nearly enough to qualify as all my effort was on closing high-value deals that fall under A.

The major things we deal with currently in non-snow rentals are just hvac, roof, foundation.Thanks!

Your deal finder (agent/wholesaler)3.

Often they will tell you what they're having a challenge with (like finding off market deals, a reliable property manager, etc). 

Are you prequalified and how fast can you close a deal?

Because Youngstown is a city on the decline, the more rural the area, the more likely it will be to hold its value and vice versa, making a good deal of the neighborhoods within the city limits too risky to invest in, but it does offer a few diamonds in the rough that are undervalued due to the overall stigma surrounding the city. 

If they spent ten years in prison for drug dealing, but have been out for ten years, have been sober, stayed employed, and paid their bills, there's really no risk associated with their criminal past. 

Some states have specific rules for buying, selling, or servicing mortgage notes that you must adhere to, even if you are out-of-state.3.Federal Regulations: While state regulations are the primary concern, be aware of any federal regulations that may apply, particularly if you are dealing with notes related to federally insured mortgages.4.