The successful bidder must be prepared to pay the balance of the purchase price within thirty (30) days after the approval of the sale.

In my market, buyers are looking for about 12% or more in gross rental income relative to purchase price, so if you have a $500K property that's only doing $40K/yr under the current management, don't post rental history (though most buyers will ask for it, so be prepared to explain why it's performing the way it is).Also, network with agents who specialize in STRs. 

Some Airbnb listings have a setting where the house is blocked off a night or 2 before or after each booking (some hosts do this to help properly prepare the house for the next guests).

It does everything from rent collection, background checks, credit checks, ID verification, tax preparation, lease signing/preparation, etc. 

or have the current seller provide said info. with proof of payment and or renters insurance, turnover of security deposit & first months rent which my attorney will also be collecting, With it being such a quick turn-around with their current lease expiring I want to have as much lined up as I can and be the most prepared I possibly can.Currently Still in the process of bulletproofing the new lease along with the operating and reserves accounts & setting up account/property management software.

Having the opportunity to learn from someone with firsthand knowledge would be immensely beneficial as I prepare to embark on this exciting endeavor.

I want to purchase my first real estate investment piece with house hacking and I want to be as prepared as possible.

Real estate is typically considered an illiquid investment because it takes time to sell the property and receive your capital back out of the fund so investors will need to be prepared for this type of timeline.

Could potentially be finished in a single day with a cooperative phone rep at the IRS, could take longer with an uncooperative one.Unlike normal tax preparation/planning however, form 2848 would require you to seek out someone with the EA or CPA certification specifically since the individual must be licensed to get the power of attorney status.

Similarly, if the property has experienced depreciation due to age or wear and tear, provide evidence of this deterioration.Income and Expense Analysis: Prepare a detailed income and expense analysis to demonstrate the property's financial performance.