Challenges?

Would this, however, place an administrative burden on the property owner, who would need to handle taxes, deductions, and payments to the cohost?

The records of the closed title company MIGHT show how they handled the issue, but more likely they missed this issue otherwise as part of their solution a mortgage satisfaction document would have been recorded at that time. 4.

They'll likely have follow up questions about who handles maintenance, larger SD, etc... so be prepared to quickly answer these.Value to mention:- Professionally cleaned property after each stay and exterior upkeep- Staged photos that you can share with the owner for marketing purposes- Capex coverage up to $XX,000 (might need to include in SD)- Extra $XXX per month (likely may need to pay a little extra in rent to make it worthwhile, otherwise they can collect the same amount as LTR)Also, google "Airbnb apartments" or check their website. 

Living and working overseas can present unique challenges when it comes to securing financing, but there are definitely loan options designed for situations like yours.

The challenge is, I’m not familiar with the local market—or the Mississippi market in general.Does anyone have insight into the market in this area or know of investors interested in properties in western Mississippi?

So get the lay of the land but always rely on a local market expert to help guide you.First let’s get a basic handle on the Kansas City metropolitan area.

Wholesaling is one of the most challenging ways to start your carrier in real estate; over 90% fail within the first year. 

No one is going to pay more than 4-5k, and even then finding that tenant is very challenging.

I let VRBO and AirBNB handle that.Bottom line is you are taking a risk every time you allow folks to use the house.