Additionally, interest-bearing accounts may be mandated in certain jurisdictions, so it's important to check local regulations to ensure you're handling deposits correctly.

I've been a financial planner for 17+ years and one of the main things I've learned is that the more I think I know what's going on, the less I'm actually correct. 

I do hope that attorney on this forum will chime in and correct my unreliable layman's interpretation.

Quote from @James Miller: Quote from @Chris Seveney: Quote from @Stuart Udis: @Ryan Blake These investments can be secured, or at least better secured if papered correctly.

Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

I always cover my experience, the brokerages experience, and expectations with communication - 9 - 5, M-F, 24 hr turnaround during business hours, and the owner can reach out to me personally when the team isn't present. 

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

-So, I'd only be willing to pay you a flat fee for that service that is CHEAPER than an attorney.2) Negotiating Price: theoretically, I can negotiate myself and MAY just need someone to communicate my offer(s) to seller.

Correct on hard money.