Same thing on their side, they should have had this written in the contract.

I then spent a majority of my free time learning as much as I could on the different styles and strategies that have been utilized in the past, reading everything from Lynch’s One Up on Wall Street to Graham’s Security Analysis, to learning how to build out financial models in excel.

That’ll give you flexibility to automate and integrate workflows as your needs evolve.A direct booking site is a nice-to-have down the line if you want to save on platform fees and build a brand, but starting with platforms like Furnished Finder or VRBO is a solid way to keep things simple while you’re getting started.Good luck—sounds like you’re on the right track!

I believe the PM lives an hour and a half away (purchased PM business that we were previously using) and didn't visit the home before sending out the plumber because they didn't seem to know any more details about the invoice than what was written in the description.

STR income will always be dependent on who I managing the property, how nice the finishes and furnishings are, and the actual location of a property within the given city.With my STR in Destin, numbers are more or less the same as last year, perhaps down just a hair. 

That's enough that you can use for a down payment on a multifamily in a nice area here.

The PM should have written authority to sign on the owner's behalf. 

30-year fixed DSCR Nice! 

It's sad bc she is nice and I like her as a friend, but it is not working out at all!   

Say the wholesaler will profit $10k for assigning the contract to a buyer, and needs $2k EMD, then the gator will pay the EMD to the title company, and it is written in the contracts to the title company that the gator will get a profit of $1k, and their $2k will be returned to them.