You can attend all the REIAs and read all the books and sign up for all the conferences, and spend all the money, and you are will never really know you can do it until you do.Over 20 years in real estate in various forms and roles, action will beat out intelligence or education or even network 100% of the time.  

I was on BP Money Episode 325:  https://www.biggerpockets.com/blog/money-325For some reason the signatures in the Forum seem to assign random podcast numbers to past guests, I’ve noticed this with other people as well.

We are considering stepping in and trying to buy the place, but looking for some guidance on STR and what kind of money this place can bring in. 

I haven't seen much said about them but I'm satisfied with what I've experienced.. they've made me money and I collect rent every month.   

Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.

The predicament we are in is the property is not in the condition to charge that much for rent and we would also leave a lot of money in the deal once we refinance if we cannot get in there to fix it up.

Something I wish I knew is how much money I would be investing.

Good morning Carl, @David Krulac is right on the money. 

I spent a ton of money to do things right and nobody wanted me to.

The Strategic Neighborhood Fund is pumping money into key areas, and it’s making a difference.