Be prepared to accept a settlement somewhere in the middle of what you think is owed.

The only issue you may have is when filing your taxes some preparers charge based on the number of inputs you have such as W2s, 1099s, and P&Ls.

Don't ask.Show up prepared and be interested.

Outstanding, best wishes on this venture. 

Overall the experience was a major low point in my life, but it caused me to develop many necessary habits that have led to the success of other ventures.

We strong suggest to always get a Real Estate Attorney to review all documentation and prepare the seller docs (do this always - even if you have a Realtor).Most BP members are experienced enough to feel comfortable doing this themselves ... after you do 2 or 3, it will become routine.You are saving thousands of dollars so you will need to do a bit of work yourself, but it is worth it.Never pay full commissions any more ... if you decide to get a full service Realtor to list your house, that is fine (the Entry Only concept is not for everyone, we understand), but always negotiate a flat fee. % commissions are not valid any longer ... what additional work does a Realtor selling a $600,000 has to do than to sell a $400,000 that is worth $6,000 more in commission?

Though we spent our lives doing it from the sales & marketing side, we are just beginning to venture into investing.  

We are preparing to cashout refi in a few months which then the return will jump.

If you’re short on down payments, here are a few strategies to consider:Leverage Equity: If you own any properties with equity, consider tapping into that through a cash-out refinance or HELOC to fund your down payments.Seek Joint Ventures: Partner with other investors who can provide the down payment while you manage the property or contribute in other ways.Explore Creative Financing: Look into options like seller financing or lease options, which might require less upfront capital and can be structured to fit your needs.Consider Private/Hard Money Lenders: These lenders can offer flexible terms and quicker approval compared to traditional banks.

I have spent quite some time learning, researching and preparing for my first Short Term Rental.