It does seem competitively priced for the area.If anyone has insights into how the existing HELOC might impact the mortgage assumption or tips for negotiating on a deal like this, I’d greatly appreciate it.

Any tips or resources are appreciated.

However, with the frequent incidents and the persistent odor, even after cleaning, I’m beginning to wonder if this has become the norm for STRs in urban areas.Any advice or tips on how to prevent this would be greatly appreciated!

Quote from @Gabriel Juarez: I’m turning 20, any tips for anything to do with real estate?

After the purchase, Thorpe created 3917 Densmore LLC and established Walters, a Northlake employee, as the sole member of the new corporation, claiming that Walters was the homeowner, and that he intended to live in the home.During parts of the investigation Walters and Thorpe shifted responsibility from LLC to LLC and from person to person.

Thanks for the tips @Mindy Nicol, I do think MTR would be easier to manage for me allthough I do have time for a part time job, I see where you are coming from with repair costs and all and STR sounds like it can be a pain (I followed a few groups on facebook and have read horror stories :D ). 

Great tip.

Any tips, insights, or things to watch out for?

Let me know if you’d like some tips on finding those connections or if there’s anything specific you’re focusing on right now.

Here’s a tip: Lowes usually has zero-interest financing sales 2 or 3 times per year.