If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.

You might consider looking at other asset classes that are less popular such as commercial office. 

I have heard of the concept, and I have heard they are popular.

They are known to take a property subject to but that is not an assumption in spite of popular opinion to the contrary. 

The most popular in this group is DSCR (debt service coverage ratio) where you qualify on the property itself rather than your personal income, taxes, DTI, etc.

You have probably seen that Lakeland, FL is a popular investment city these days, some of the reasons for this is that Polk County/Lakeland is ideally located centrally to Orlando and Tampa, we have many warehouses strategically located throughout Polk County, to include warehouses for Amazon, IKEA, RoomsToGo, PepsiCo and Publix which make this area strategic for distribution throughout Florida, not to mention Publix is headquartered in Lakeland, and we also have a large presence for Coca Cola bottling and Juices in Auburndale, FL  which is about 10-20 min from Lakeland.I have been investing since 2002, and my investments are mainly in Lakeland, Bartow, Auburndale and Winter Haven, I also like Lake Wales and Haines City, there is good population growth, and high demand for workers in these areas, of course keep in mind we are in a pretty descent economy right now, whatever you look at, make sure the numbers make sense, and if you purchase something, leave enough room for an economic downturn, I see many outside investors purchasing at higher than normal prices, because the prices seem cheap compared to other markets close to Lakeland, but this can become a trap if the market shifts in a negative direction.

What are some of the most popular terms you have seen?

Right now, Airbnb is just what's popular so it's what people talk about. 

There are places that are constantly popular with tourists. 

This isn't true in all situations, but this is definitely possible for the ones that need light repair work.I know this isn't the popular opinion with a lot of folks here on BP, but take this from someone who was stuck in the "wholesaler mentality" for a long time.