I don't know how the yearly numbers are, I just know they've allowed STRs for a long time. 

Akron and Canton may cashflow a bit better but I personally don't see as much of long term growth in those cities. 

Rates ticked down the most in a week for 2024, last week so sounds a hair high..we just priced a DSCR purchase for 5+ units just below that..Check in with @Joseph Chiofalo for a quick quote.

BP Family - I am currently under contract to purchase a long term rental home and will be closing on July 12th.

Lastly.

I have definitely thought about investing out of state and plan to explore that option once I can get my feet wet here in Long Beach. 

Any time spent on your properties will provide you with invaluable experience and understanding of the asset you own.As you scale, you will hire more and more work out but until then don't be afraid to get into your investments.The picture below was a long day managing a community park we are building in one of my mobile home park communities. $50,000 job done for less than $10,000.

There has been a ton of activity though in the last 5 years.

@Martin NealHow long did the rehab take?

Lastly, something to think about: a few investors set up a management LLC that will not own any property but, in turn, deal with any third parties.