My biggest STR home run was purchasing a property in a vacation market before STRs were common.

One common advice I have noticed is purchasing a duplex or multi family home in your area or at least 30 miles within proximity.

Here in TX the soil is mostly clay, and it shrinks and expands with humidity level (thus the need to "water the foundations" as a measure to avoid foundation cracking), so foundation problems are a common occurrence.

I'd like to chime in on a couple of the common misconceptions that a lot of people here seem to have, both with education in general and with Renatus in particular.First, the concept that Renatus is MLM. 

I don't know that I would ever feel comfortable turning over my customer service to someone who only knows a few common English phrases (Unfortunately, yes I understand, I am terribly sorry, etc).  

Another common mistake is to estimate the complexity of the work by the number of pages.

Hi @Rhea Jeong,The situation you're describing is actually pretty common, especially for first-time investors looking to maximize their purchasing power.You’re correct that some lenders will consider a portion of the rental income when determining how much you can borrow, typically in the 75-80% range especially for FHA loans.

Put up signs to let them know cameras are in the area and let each tenant know that you put up cameras for extra security and that they are only in common areas.

Buying 5 single family homes is likely going to be a lot of work and there are other assets that cash flow better and are more liquid.He also has the ability to 1031 his equity into passive investments (which is a common strategy for property owners who are retiring).  

This should have already been a common practice, but because of the commission structure before the NAR settlement, lots of agents did not execute contracts with buyers in order to gain them as clients.