Detailed Due DiligenceConduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities.

I would want to get MORE from the seller than that in a concession so that I have an opportunity to end up ahead for the extra work, hassle and risk. 5.

The guys said it best.Make sure you can actually get started before you get started like @John Underwood said.Plus I would really look at just getting more properties like @Mark Miles said.I think you will be ahead in the long run.

Thomasville has turned their downtown into a lovely place to visit.

You should go visit the areas where you might want to own property.

Thanks Bryan, Yes i think having something legally binding ahead of time is a solid idea.

Most likely when seasoned professionals started out, they were guided and mentored by people who were levels ahead of them.

When it comes to finding a buyer or JV'ng the deal to flip the contract, a quick visit to your local REI meetup to "pitch" the deal will field you all the buyers and connections you need. 

Especially in addition to sports stays.A lot of universities have teaching hospitals so you could attract MT stays from visiting faculty or specialists.

If so, then go ahead and sleep in it.