And finally most states have laws about how many days you have to change your information.  

The country is great for lifestyle and I believe most American (and other foreigners) buy for lifestyle.

We did that for about 3 years until Jeff informed me he'd fallen behind on property taxes, and all of his lenders called the loans due.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

As I get deeper into Commercial Investing (the research of it), I am always think I am closer to getting a MultiFamily. Now I have read some of the well off say in so many comments.. Just save money and etc....This co...

After I was informed this, I pushed the wholesaler hard as their was no contingencies and I was pushed for a 10 day close.

I just finished reading The ABCs of Real Estate Investing and ABCs of Buying Rental Property by Ken McElroy.

I would also add that you join your local REIA chapter (Real Estate Investor Association) as it will allow you to network with other STR owners and get more location-specific information. 

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

Curious where you pulled the information from?