I like your lesson learned, but would just caution you to still watch tightly.

Watch out for ordnances and HOAs with this strategy. 

They caught a cool YouTube video and saw everyone else was making all this money so let me join in.

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

Listening to YouTube big shots that have great advice on professional ways to handle problematic guests ( most are great but everyone will get bad apples), staying at the property when you have an open window of time and actually get the guest experience (this is critical), and looking at your click thru and conversion rates to get a good baseline.There is way more work to running an STR than a LTR.

In that situation, I personally would not be investing in direct real estate at all.If I wanted exposure to a foreign real estate market, I would invest passively and hire a manager that has years more experience than I could ever hope to gain, and whose job is to supervise and watch everything and make sure that it goes well.Just my $0.02.And whatever you decide to do: good luck.

You still need to be involved and watch your property manager to ensure things are running well, but that takes less time than self-managing.

I'll watch a few videos and see what I can learn.

Whether it's gathering around the tree, sharing laughter over a meal, or watching the magic in your loved ones’ eyes, there’s nothing like the comfort of being home for the holidays.Merry Christmas from my family to yours!

All the videos I’ve watched and the books I’ve read have helped me expand my mindset and approach.