With current rates, inventory and demand you may have to bring a little extra down payment.But real estate investing is not a great cash flow play, it's more a net worth game.

While these are options, it sounds like you are very new to real estate, and I don't suggest either of these options for people that are brand new to real estate, for various reasons.  

Now, if you're looking to do a BRRRR in today's market being brand new to real estate, it might be safer buying cash and refinancing when finished.

There isn't a lot of information about comparing PMS providers, so just wanted to let anyone who is considering switching know my experience.Yes a lot people assume it is plug and play when it requires work to switch over.

I am going to throw this out there and play devils advocate- while I believe they will cut rates because its an election coming, I ask why are they cutting rates?

Sounds like a good value add play but you would have to consider the costs in cash and effort 

Getting a large network of companies that know your personal brand to recommend you to your ideal guest is key to steady bookings. 

If you don't want to do 1 or 2, see below.I think you are playing with fire right now.

I found this deal through networking while playing basketball.

You of course need to strategically purchase the property to where it will meet your investment criteria when you depart, which is where a good agent comes into play.