So I started creating an on boarding system where I have recorded videos and documents and protocol of how to run business.

There's an adage in several sports about critical things like protective gear: "a $10 helmet for a $10 head."

Quote from @Marc Shin: I saw a video by Miles Golden and he said you change transfer your primary mortgage to a HELOC, and then you can pay all your bills out of the HELOC and pay off your mortgage in 3-12 years. 

I have video and pictures of all the damages and had sent him the itemized list on 5th day of his move out, which is within 30 days.

We take pre guest check in videos between every guest.

Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.

Buying site unseen is a huge risk unless the buyer and wholesaler have a history doing deals together.My buyers trust the deals that I bring them, but I also provide them with in-depth inspection reports along with photos/videos of the inspection along with multiple cost to completes through multiple contractors.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Additionally, if you’re not local, requesting photos or videos of the problem can provide clarity before approving expensive repairs.For the lead paint testing, it’s important to determine whether this is a compliance requirement or a proactive measure.

Do I receive video of my pre and post make ready?