No headaches of property management and if they default we get the property back (after a foreclosure of course), but it's gone perfect so far.

This will help you get familiar with the process of buying and managing with limited risk.

Gets my brain firing.The Weekly 3: News, Data and Education to Keep You Informed- Folks are Skipping Till to Spring to Buy.

I'm new to STR's and was wondering, from a big picture view : How do you run the numbers on a potential STR? 

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.

Here are some ideas to get you started:1.Educate Yourself: Start with the basics—read books, listen to podcasts, and watch real estate videos (BiggerPockets is an excellent resource).

If i get a real estate license and brokers license in the state of Virginia, can I transfer a RE license or Brokers license to these states.Maryland, South Carolina, North Carolina, Georgia, Maryland? 

Then just to get a simple response.

I have heard of hosts getting this message.