Is this true? 

A STR purchase won't help you do this. 

But if a tenant defaults they have a right for due process to contest the eviction.We see people try and do this with having a borrower on seller finance sign the deed back over to the lender and if they miss a payment the lender can record the deed back into their name.

If you are leaning towards using a property manager or think you may at some point, just make sure you budget for that in your analysis so that your cash flow figures are taking that potential expense into account.Since this would only be your first property, I don't think you need a professional hiring firm--it would probably be more beneficial for you to do the interviewing yourself to be sure that you set expectations properly, are aligned, and can work well together.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

I’ll try to keep this as short as possible I have a pretty good tenant staying at my guest house month to month.  

My understanding is that seller financing and SBA loans are probably two of the best ways to get this started.

Hey I'll be moving to El Paso next month so would love to connect this fall.

I am reposting this questions usually I get a answer within just a few short hours.

Macon, GA, has plenty of potential for this strategy, especially with its affordable property prices and rental demand.