Communication is the key.

Employment is a key factor in tenant approval, and a good tenant should understand that.🔹 Final Thought: If a tenant is already pushing back on basic screening, it’s often a sign of future issues.

So now I have both my personal residence and a leased property as STRs.Even though I live 3 hours away from my leased STR property, I've built a team that assists with managing it, so I don't have to be there all the time.Here are some key things I've learned:Regulations: Research the specific STR regulations in the state and city where you're looking to buy.

I suggest keeping track of these key features which range from cap rate to, cash flow, ROI, and asset comparison.

My main goal is to find a solid rental market with good cash flow and long-term appreciation potential.Any insights, personal experiences, or key factors I should consider when choosing a market would be really helpful.

The key? 

I am sorry this is happening.There are many things that happen that are not in the purchase agreement like the seller turning over the keys to the property at closing.

A little about me: I work with investors worldwide to build portfolios with turn-key-ready SF/LTR properties and manage them on the back end.

A key risk is the due-on-sale clause, allowing the lender to demand full repayment, though enforcement varies.Keeping the property in an LLC provides liability protection, shielding personal assets from lawsuits.

I think the important takeaway is that you need to know what's going on in your local market.