Congrats...u are off on the right foot

It will be more expensive to quickly rent to the wrong or u qualified tenant than to wait for a good one.

What u guys think out that ?

If U have a fire and the owner is not the insured you could be out of luck.. 

If I know back then what I know now, I'd put an STR near BJC, U-City or in Soulard. 

I'm not too sure on your exact area of interest for investing in Lancaster county but if u have any interest in the Lancaster city area, I can give u most of the detailed scoop about its ins n outs.

@Gabriel Zurita did u get the contact for space coast?

U asked about risk.BRRR risks:1. you underestimate rehab2. you pay too much for a fixer3. contractor steals your money  ( far more common than you can imagine) it happens to most of us at some point.4. property does not appraise and you cant get out of the HM loaner loan and you get killed with carrying costs.5.

So how long do u have to stay at the property until u could move out?

Also, if I do sell the property, what do u recommend me to invest that is safe and accessible and also requires less involvement?