Also, because your unit will probably be booked with a guest most of the time. 

My approach was to partner with a GC, so he handles the rehab estimates with his years of experience.Another option is to read J Scott’s book on estimating rehab costs.I've heard a lot about this book.

I address it in detail in my book, but here's the short version:1.

Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.

For example, an agent would collect a reduced commission, flat transaction fee, or no commission if the buyer sources an off-market deal directly.In your case, if you'd like to compensate your agent, you can include it in the loan.

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

That’s why I alway recommend Jimmy Napier’s “invest in debt” book.  

Book losses through bonus depreciation.4.

This time the seller was anxious to get it off his books and sold to me.How did you finance this deal?

You will start getting pitched on courses for out of state investors when David Greene's book has a great rundown.Like they said above, go in-person, meet people there.