A good team on the ground should be able to help you avoid all of these potential pitfalls. 

Specifically, I’d appreciate:•Wholesale contracts: Recommendations for templates or tips on using contracts effectively with sellers and buyers.

I started a new post asking people's thoughts about insurance costs in your local area and specifically costs to rebuild and other challenges:https://www.biggerpockets.com/forums/95/topics/1227051-insur...

The bank institution we partnered with offers a bi-annual administration fee of $450.00 USD + VAT (16%).I’m a Mexican Realtor working alongside a Master Broker with a presence mainly in the Southeast of Mexico and the USA, specifically in NY, Miami, and Orlando.

In many cases bigger banks or lenders have specific programs that cater to first time home buyers and investors. 

If you have specific questions about property management, I'll be happy to help!

It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart).

Depending on your loan it might only work in the STR game.HOA’s normally do not allow in the Oceanside area but if you get on the beach then they do with restrictions.If you want a personal consult let me know.I have a team here in Oceanside, Carlsbad.

Taxpayers should be aware of the criteria for this specific scenario.