I didn’t have the time or inclination to do the STR until we had a broad base of LTRs to help bridge the financial gap that we encounter in the slow season.  

The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income. 

As long as it gets approved, the overall process should be less than 120 days based on that packet. 

Based on my research, Los Angeles, Fresno, San Diego, and San Francisco are some of the top markets for travel nurses.   

Don't over think it.There's never going to be a "perfect" deal. 

@Joshua Logan I'm out of the Mankato area, we invest in Section8 apartment buildings (Project Based HUD properties).

Covering all bases, right?

This is based on your numbers and I don't share your optimism that a 1/2/3 12 unit mix will bring in $12,000 per month there.Try to find a local partner with experience doing the building.

We purchased this house based on it being near town, but moderately rural.

Whether you're a seasoned investor or just starting out, I'd love to connect and share experiences, insights, and ideas.So, if you're based in South Florida and share a passion for real estate investing, I'd love to hear from you!