As you know with both strategies there are different types of properties you'd want to operate with depending on your investment style. 

@Alex GoldenshteinIt depends…..

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Found on the internet when looking for investment opportunities.... one of the real estate sites.

Would  you want your Dentist to learn how to pull teeth by reading from the internet and taking notes? 

But again, this is going to depend on your goals and what makes the most sense to you. 

Really depends on what's available in the area, if .65 acres is stock.

Things will be different as it will not fall into the various STR rules depending on the state.I will also say that some systems won't work as well.

You could spend upwards to $60,000 just on the theming and depending on what the highest nightly rate is for your neighborhood, it might not be worth it.

Seller loses, buyer loses, tenant gets evicted in long run, property sits with deferred maintenance during the process and neighbors don't like it, bad guys can break in...Foreclosure for an individual can cost anywhere from $90000- $250000.00 depends how long, what state, all the problems, delays... attorney fees hourly, filing fees, property taxes have to be paid...