We have a tax preparer, but we feel like she doesn't have much experience in real estate to give us sound advice as to what to do in the future.

No matter what you need to be prepared to deal with tenant issues.

It's where I cut my teeth and tested all my knowledge and skills set.

You will have to be prepared to foreclose if the buyer doesn't meet the terms of your agreement.

But it looks like you better be prepared to comply.Non-Compliance is $500 per day.

It is very difficult to execute as there are so many moving parts and people involved. if you do a few buy and holds first, test out contractors and slowly build your team you can prepare yourself to take on deals like this. 

I’m really early into the research phase but would be prepared to “pull the trigger” over the winter (eg purchasing a property to setup the tents) but ran into a bit of a “wall”.I’m pretty close to Blue Ridge and love the area so have considered a STR there for a while.  

@Shrikant Kakani- thanks ...if you  dont need to use financing - disreagrd the following tip ..if you will need to use a loan to acquire your 1st investment property - I would recommend getting the formal loan pre approval step completed ..this is free  and it will help answer many questions you have  and  help get you organized and  prepared .

Testing them out see how it goes, but initial experience has been very good.

I have one, happy to connect.If @Devin Peterson is prepared to defend you in court, use his.