With many heirs and a 50-year history, you have no idea what skeletons could be hiding in the closets.

Just because "1000's use it", doesn't make it a good idea.

He inspected and gave me some ideas.

This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.

Also on the lookout for ideas and materials and homes you can make tenant and idiot proof. 

For you 1st property, probably a good idea to start with something that's more turnkey / light cosmetic work needed before diving into full renovations.

the loan officer was really helpful and responsive, it was just a lot of paperwork to work through.i like @Jay Hinrichs idea of just paying cash and refinancing. 

My overall goal is to become a mortgage broker as I like the idea of having all lenders as an option and working for my self.I really appreciate the help! 

Ah, Ok, you have an idea of what we're talking about then. 

However, the idea of running a rental business while waiting six months for payments especially with bills still coming in doesn’t seem sustainable.Can anyone speak from experience in the current market?