You would have to buy a large region and convert it all.

@Dmitriy Fomichenko Excellent advice!

The thing about short term is you can usually command much higher rents, however, even just a few days of vacancy can wipe out your profits and I saw large SFHs sit vacant much more often than smaller apartments/condos.

That isn't quite a large line of credit for rapid acquisitions, but on the conventional side, LOCs are usually in the $1mm+ range.

And on a side note to this question, do you have to be an "accredited investor " in order to invest a "large" amount of money.  

Serge.I'd recommend bringing on a partner who was done these types of deals in the past and give them a large chuck of the equity in the deal.

Glad you joined the best real estate investing website!

That will affect the value of your lease as well.Typically best to worst as example backing the lease:Taco Bell:Yum brands corporate guarantee (10,000 plus stores)Subsidiary of YUM brands corporate ( example 10 states and 600 stores)Large franchisee ( long time operator with say 100 plus units and decades as an operator)Small Franchisee ( a couple to maybe 5 units etc.)Non- brand tenant (Joe's Taco's) that has no franchisor or support system.   

What are some other websites you have used?

I agree with @David Krulac - hopefully your property is in one of the 2% RTT areas rather than one of the 4% or 5% RTT areas.The imputed property value used to determine the RTT amount can be found by taking the tax assessed value from the tax assessor, and multiplying (or dividing) by the common leveling ratio that the PA Department of Revenue has posted at their website, for the year and month of the transfer (the values in their table change over time).Once you have that value, and the tax rate for that location, you can figure out how much this screw up cost you ;)