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.

That was when I had enough, and decided to end the lease.He has been living month-to-month for some time now. 

Tenants should be paying the owner.Do you also live in the house?

We purchased it with the intention of living in the Ground floor + BSMT apartment and renting the 2nd floor apartment.

@Michael Smythe the repairs were never completed while the tenant was living there.

Quote from @Vince Scipione: Yes, they are a popular choice where I live and work, however with the ever fluctuating cost of oil heat, many people have swapped over their boilers/furnaces to what is called a "Propane Gun" essentially it is a device that is affixed to the front of the furnace/boiler that injects the propane and ignites it.

IF you're not on an HOA maybe try co-living. 

another property to the portfolio, and a continued relationship with a live long client Lessons learned?

Greg,You are correct I made some opinions based on reviews and a youtube video I watched where the first thing the gentleman said is "We are Not a lender".

I would love to hear any suggestions about where I should look to live in the area.