Investors should be extremely cautious with Qualified Intermediaries that also represent (and get paid on) replacement property solutions or Qualified Intermediaries that refer clients to their "associates" or "friends" for replacement property solutions so that they can get paid a referral fee or those that actively put replacement property solutions together in order to make money.  

Did they only cover this cost once the eviction process was complete and the final loss was assessed? 

And it can be done there locally.When I was active in Jackson there was my company and another called SIF one of the owners was married to a local doctor if I recall. 

I use the 1% rule to quickly assess if a property is likely to generate enough income to cover its costs and potentially provide a profit - it's a guideline - so, don't miss out on good investment property by being rigid when applying the "guideline" to rental properties.

I would love to learn from and network with those who are already active in this market! 

If you’re actively buying or interested in new opportunities, let’s chat and team up to find the best deals! 

You should be assessing market rents and raising them based on what the market is doing.

Quote from @Courtland Wilson: Hi Sergey,Are these meetups still active currently?

You materially participated in the activity for any 5 of the last 10 tax years.6.

I know it may seem from everyone's eyes that I may be jumping the gun and going in blind, which is fair I have no experience in real estate or STR but I do have experience in business and have had a successful business when I was active in the market I worked in.