I frequently reference these articles from Tripping.com, so (while they definitely don't directly answer your question), they are useful in determining what features in what markets are viewed as most valuable:Which amenities should vacation rental owners invest in? 

Would love to as I am in the charleston area frequently!

I am a realtor here in Waco and I work frequently with investors.

. - Generally speaking term length means nothing BUT we do see this happen more frequently with shorter term, and less often the longer the term.

Your best bet is a hybrid approach that we're seeing frequently with our clients. 

These are frequently owned in cash with no debt and so are a cash only investment. 

https://www.biggerpockets.com/forums/52/topics/706939-how-do...This topic comes up frequently. 

If anyone has similar stories, I'd love to hear about how you got started and navigated all the uncertainties with buying properties out of state.Outside of investing, I love playing classical piano, driving (I frequently volunteer at Porsche Club of America events here), and dancing, so feel free to connect with me about those things as well :)Have a prosperous New Year, -Julio

If you delve closely into the bios of some of the people that claim that real estate is very difficult, you will see that surprisingly frequently, these people own turnkey companies -- they want YOU to invest with THEIR properties.

And, in my experiences, tenants at the lower end of the income spectrum tend to move more frequently and have more wear and tear on property than higher incomes.