We have emails, video conferences, secure portals etc etc.We do have a physical office, and half of our clients are local.

Focus on areas with high tenant demand, solid cash flow, and potential for long-term appreciation, and you'll be on your way to securing a great investment.Good luck!

For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

That makes me nervous - because if the investments could be proved up to sophisticated investors why hunt for the guy who gets excited seeing 45%?

IE securing them paying tax's insurance etc etc. 

On the other hand, if you’re financially secure, the low-rate loan and potential appreciation make holding more attractive.

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

I would check this out with a seasoned securities attorney for their opinion/guidance.  

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.