If you're going to make it in this business you're going to have to wrap your head around the fact that things like that are going to happen and you've got nobody to blame other than the criminals themselves.Her complaint is that the PM did not notice the stove missing during the inspection; the owner was the one that noticed it missing.

Construction i completely understand it runs in my family. money is not a issue for me is getting the proper knowledge in this field so I do not fail.

You may also run afoul of local/state laws against people that contact people in foreclosure to buy their home.

now that my first property is running smoothly I have been thinking of starting to look for my second one once my funds are in order. 

Here in College Station, TX I'd say its no big deal just cross your T's dot your I's, and head on down to the local justice of the peace. 

When you're first starting, I recommend running analysis on at least 100 deals.

Ultimately, STRs are like running a business and to be successful you want to distance yourself from the competition.  

I have run into this as well. 

I run the numbers with even 5 or 6% and they great but 7+ just not good Just to add... if rate alone is making or breaking your deal, then it's already a losing deal. 

As a new investor, you should be looking to put together a strong, experienced team to help you side step any landmines you are bound to run into.