So for example if the population is seven thousand and all they have is a burger/taco place, a mom and pop steakhouse and maybe a chain hotel, it may be hard to find a buyer. 

I did my homework, from demographics, trends in the past 50 years (jobs, rental cost, population trend, vacancy rate), and so on and so forth.

If it's taking longer than that, consider whether your price is too high or your marketing needs improvement.Take 10-20 minutes every day to study the market on Zillow, Zumper, Apartments.com, REALTOR.com, etc.

With this being such a high-dollar investment property, we locked in a 30-year fixed rate with a PITI of $2,600.

Looked at dozens of SFHs online and ran the numbers, ARV not high enough, renovation costs going over, and making offers based on video tours, sight unseen has been challenging.

I also ask for referrals, I do not just choose the first one I see that has a handful of five star reviews.Tenants: As long as your screening criteria is where you want it to be (my preference is rather high), your lease agreements are rather air tight, and you keep an open line of straight forward and honest communication you should not have too many issues with your tenants.

Just so ya know....Even the high traffic Lifeproof LVP with thr 22m ware layer that is pet proof and waterproof?

Put damage deposits and rental reserves in a high yield savings account or CDs.

Additionally, our primary STR population is in residential zones and in HOA communities.

The low cost of houses and high paying rates are making me attracted to the idea..