I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.

Is it like the following:a)  Make an offer on a 5-unit that the Seller acceptsb)  Do my inspections, come up with gameplanc)  Present the lender with final gameplan, once approved then proceed to closing & get the keysd)  Have XX days to convert to a 4plex?

Although in the last couple deals most have come out as 506C deals where only accredited investors are allowed, there are still 506B syndications where you can be a sophisticated investor (self proclaimed) so you don't have to be accredited.

@Paul Choate sends out the 'invite' each month so you can follow him, or try setting up a keyword with 'OKC' or 'Oklahoma' and it will pop up in your feed.

Quote from @Hazel Anderson: Hello, bigger pockets pros, We have a rental property in Columbus and we are looking for a contractor who can replace the existing basement window with a standard sized window.

Don't expect rates to come down. 

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

What you can require legally changes depending on your location. - If you make the above clear in the listing, you will immediately get fewer applicants.

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

You're giving up some good tax benefits since you're in the tier of taking itemized deductions.