Sadly, I've seen this happen where a company spends time and money to get a judgement, then files a garnishment on their paycheck, and the person just files bankruptcy. 

Most travelers bring a surprising amount of clothing and personal belongings that they need space for so think about adding another storage closet if you can.

We've had success managing properties in smaller towns and keeping the occupancy high, but it's something to be aware of. 

FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal.

Tenant shall properly use, operate and safeguard Premises, including if applicable, and landscaping, furniture, furnishings and appliances, and all mechanical, electrical, gas and plumbing fixtures, and smoke alarms, and keep them and the Premises clean, sanitary and well ventilated.F.

If I’m buying a STR property now, what do I have to keep in mind if I also plan on buying a primary residence next year?

I’ll keep my eyes open for some deals...or try to create some!

No right or wrong answer, personal preference.

I have already watched so many videos and read so many websites but it just keep opening up more possibilities.

From personal experience- electric can be very easy, because if wired properly, all circuits should be separate already and connect to one breaker box.