They were perfectly acceptable 20 years ago, but now many areas are limited to one guest per calendar month. 

Please reach out and I can let you know the terms to hang your license with me. 

The parties will jointly appoint an acceptable mediator and will share equally in the cost of such mediation.

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.

I they accepted an offer of $118K from my brother but since he couldn't get the loan, we're starting over.

I just want some outside eyes to help me understand if this deal is what I should expect to find as I build my portfolio.I plan to buy and hold long term.

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

If youre wanting to make a cash offer, all I can say is that Ive never seen a competent seller/listing agent accept a cash offer without proof of funds, meaning a bank statement or similar document(s) showing liquid cash for closing.

The property itself should bring in revenue ( even if you choose not to live in one side) and generally a bank will accept a portion of that rental income into the calculation. 

And do they accept counter-bids after initial bid is placed?