Overall, it's a great idea/theory, but execution has gotten much more difficult between regulation and market saturation in some more popular areas.

Popular neighborhoods include Lakewood and Casa View, but larger multifamily properties can be expensive.

In the Midwest, Cleveland and Detroit have been popular with investors due to lower entry prices and strong potential for appreciation.

Long story short, sold my home on 40 acres and business, made a nice profit, met an amazing man who is a contractor, got married, sold his property too and we moved to the high desert of Central Oregon near a very popular year round resort town.

I live in Miami, FL and don't want to buy here since prices are incredibly high.I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property.

Milwaukee seems to be a very popular place for Californians to invest. 

@Jonathan Greene what you're saying is incredibly true about adding value.

Within those cities, I am targeting assets in central business districts (CBDs) and popular entertainment areas where large amounts of people congregate daily. 

We used to prefer AB&B because they are the most popular and inexpensive but they are also the most guest friendly.

@Jarrod Ochsenbein Incredible work!