If not and you wrote them the check, then most likely the $ is gone and suing for that money will cost you more than $1000 unfortunately.So cancel the agreement and request the funds

That said, I do this with a a few investors on rentals since I'm a Realtor and Property Manager where I am boots on the ground for purchase, rehab and lease-up, however we had a strong professional experience/life together before partnering.Lending will also be a consideration as most lenders are hesitant to lend to non-citizens given the foreclosure challenges it can pose.

You’re normally looking at 20-25% down on a DSCR loan, closing costs, and reserves.

If you don't, it can cost you everything!

Most PM's in Columbus will charge you 7-10% of gross rent as PM fee's + maintenance costs. 

There is more maintenance cost when they are small keeping the grass down.  

.: I’m currently renovating a rental property and exploring ways to manage costs without compromising on quality.

Most won't insure pools with diving boards or ones without a VGBA drain.2) Include the cost of a pool company to manage the pool in the rent. 

Costs before that (during remodeling) are added to the basis.2.

Demand and occupancy appears strong, but the numbers don't add up for me to justify the effort of STR.