In or around 1961Nickerson had tried to capitalize on the success of his book by promoting seminars, but to a large degree was not very successful.  

First thing I always ask people who ask me about doing STR is do you have a regular w2 and do you want to do another job?

Just like regular investors, they can keep extending the term and also potentially dilute the preferred later if project does not trend well or interest rates do not come down.

And to address something earlier - siblings talk regularly, know the funds are limited and all expect a $0 inheritence.

Also if you correctly read the laws in most of the states in the US and the federal statutes, creating systems as the one you are promoting would land you in the hot seat.

Stay consistent by buying properties regularly, keeping a record, and networking with investors.

Not a B&B investor but the rule of thumb is make sure it works as a regular rental first, then everything beyond that is gravy.

Exclusive and Regular Use: The space must be used exclusively and regularly for business.2.

I have read plenty about owner financing I am just not sure how to go out and find people willing to sell their homes as I usually just look at regular listing sites but def something I am willing to keep on learning about!

I'm in OH and we have property values on the lower side, I do these regularly.