I've got my long term goal....retirment income in 10-15 years figured out, identified and traveled to a few markets I think could work. 

Quote from @Michael Baum: Hey @Marc Shin, short answer, yes.A couple will want to wash some clothes if there are there more than a couple of days.

I chose Oklahoma City, OK partially because I have a long term rental out there already - a quad that is a mix of long term and medium term units.

Generally I would say short term projects. 

Knowing what to get, where, what it needs to be, because it will get $___, and having that pipeline of connections for the Short/mid-term tenancy.  

There are some great tax strategies for short-term rentals, but very important to be aware of the personal use rules to make sure 280(A) doesn't become an issue. 

Start by deciding whether to purchase your first property, invest in a short-term rental, or build from scratch.

To help with identity theft risks, you can monitor your credit closely or use fraud alerts, which allow creditors to verify your identity before extending credit.

Experience, licensing, etc are all things lender will take into consideration when evaluating a deal and the more you can show the lender the more comfortable they will be and can often result in more competitive terms, etc

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.