Just an FYI typically $2/3 a foot is what I pay designers for selections. 

I’ve become more selective with what I take on.

Agreed on the dated listings - investors need to be selective but generally of the 100+ active eligible STR listings at least a handful have investable potential.

Sounds like you have a PM who is taking advantage of their clients.

A big advantage?

Companies have many options when choosing where to establish new operations, and they're unlikely to select cities with high crime rates or declining population.The notion that buying cheap properties will enable lifelong financial independence is false.

>> We're exploring the idea of purchasing a 2–4 unit multifamily property in NJ or NY using an FHA loan to take advantage of the low down payment and favorable terms.

In your situation, the tax advantages should be about the same. 

They are far better at tenant selection than the average landlord that screens a few people per year.Efficient Rent Collection & Enforcement: I spend a ridiculous amount of time answering questions from investors that have no idea how to handle late rent, unpaid rent, and other pay issues.

You can invest in any market selecting the ones that you believe are seeing the most growth, and do it from anywhere.