I have been committed to investing in Real Estate as my main form of building wealth since realizing its wealth building powers a few years ago.

Many people don't make a profit, obviously odds of success get better with experience/good team, etc.consider until you have more time to commit to instead look at buying publicly traded equity REITs, not mortgage REITS, they are trickyget subscription to Seeking Alpha and follow Brad Thomas, Jussi Askola and many others research/writing to start withREITS have beaten the SP500 last 50 yrs, by a lot, 13% to 11% just in last 20 yrs too, and they have taken a temporary beating due to sudden rise in 10 yr rates and hence CAP rates, but their underlying rent roles have only gone up.

The financial and time commitments will never make sense.

Sounds like they are short to close I would ask for a loan commitment before you waste too much time with this buyer.

You are the one investing your money, and you should feel comfortable with the property before committing the non-refundable EMD.

Services for survivorsHarriet's Hope is open to any individual — no matter their gender identity or sexual orientation — who has experienced human trafficking or chronic homelessness, meets CMHA's income guidelines for a housing voucher and is ready to make a commitment to sobriety, Kendall said.Most residents will be identified through the Salvation Army, but referrals can come from anyone, anywhere, she said.What sets the community apart from others is that the services residents need are embedded within it, Kendall said.Services include substance abuse disorder treatment by Alvis, case management through the Salvation Army, gender-affirming case management through Kaleidoscope Youth Center, a computer lab furnished by Dell, a food pantry, nutritional services, financial literacy classes, peer support, employment readiness programs, legal aid, health screenings, child care and more.Residents will start out with a one-year lease before going month to month, Kendall said.

This approach allows you to access funds in the property swiftly, at little to no coast, and without committing to additional debt.

If you are committed, I recommend starting to ask pointed and well researched questions and to start attending as many meetups as you can. 

If I do go the STR route I’d have a management company running it but would still be able to commit a few hours every week to it.

It was a very bad experience for me that could have been easily avoided if they had any professionalism and commitment to doing what they advertise they do.