You need to know how to analyze property and then systematically evaluate property on a daily or weekly basis to stay on top of the market. 

But I’m thinking of getting into STR investment and become more active.I’m a complete newbie to short-term rentals (STRs) and eager to wet my feet in this area.

It's just a rule of thumb, and only tells part of the story when buying a rental property.

You may be able to find a home that fits your needs. 

Then as you build your portfolio look to hire a new Tax Accountant or CPA to match your growing needs.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Sell your car and get a loan on a new car.

I'm fairly new to investing and looking to wholesale at first, then develop a portfolio of rental properties in apartments, SFH or both.

I'm new to real estate investing and looking to connect with local investor.Thank youWhat are specific goals? 

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.