It's important to ask yourself, and be honest with yourself, how you would handle managing tenant situations if you were to become a landlord.

Education is very important, so I’m taking a self taught course to get my permit tech certificate.

When a tenant causes problems, I can remove them six ways from Sunday, typically much faster than the courts could do it.Financial Management & Reporting: It may seem small, but accurate accounting is important and not in the tool box of most investors.Market Knowledge & Rental Rate Optimization: Understanding the market is critical to maximizing returns.

At the end of the day, the most important thing for a small real estate investor is how much cash do you have in your pocket at the end of the month.I also did a MS in Project Management at The George Washington University.  

And we are importing more power from Pennsylvania .   

Every lender has guidelines; that’s why it’s important to perform due diligence with lenders, just as they do with borrowers. 

This is your time to comb over the property and inspect everything that is important to you. 

I’m not trying to second guess you, just trying not to make you feel like a peasant while I do important stuff. 

While there is no statutory holding period to qualify, it is important that you be able to demonstrate that your intent was to hold. 

It is important to remember you own real estate in the Poconos and you are choosing to operate a STR business.