@Megha Mathur You can find DSCR loans without a prepayment penalty, but there is an "interest rate penalty" for choosing that option.

At that point you can choose to end your professional relationship with Peter and his company or you can choose to keep him as business partner for future deals and have access to all his resources such as investors, lenders, etc.

Choose your property wisely, multi-unit properties like triplexes and fourplexes offer potential economies of scale and income diversification.

I feel like I can't protect against a situation where I get sued (e.g. someone slips and falls) and they "only" choose to go after the liability insurance on the property's policy, leaving the umbrella policy to pickup anything above/beyond the liability from the STR property. 

There are more listings to choose from now than any other time in nearly a decade.

Sometimes choosing a PM is like tequila. 

Depending on the areas you choose you can have fantastic cash flow.

Choose based on risk tolerance, investment strategy, and long-term goals.Good luck!

You can choose to live without ac or heat, hot water or a fridge for a week or two in your home while they jerk you around.

Some other people might choose to report you.