That is just what I am seeing personally, and I work with investors all over the country. 

If you do, could I ask how that has been going and has the rents been comparable to the payment standards advertised by the respective housing authority?

If you close with a conventional loan, it will need to be in your personal name.

I’m not a “people person” so they handle screening.

I personally have a separate account for each property I own.

It can be a very good market, but the why behind your choice may help us give you better advice on how to move forward.Before realtors and property managers, you really need to meet other investors so you are making a good move by trying to do that here, but it would be better if you could do it in person.

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.

You have set your standards.

@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.

Personally, if I were to sell the stock, I would buy more property, not pay off the existing one.