TLDR: In this environment it's especially important to look at and to know exactly what you are getting for your money and if it doesn't makes sense within the framework of your personal REI goals, to walk away and keep looking or wait.

Does the 1% and 50% assume a higher LTV or lower interest rate environment?

If you maintain ordered and timely communication between all involved parties, have excellent interpersonal skills, are business-minded and un-stubborn with eternal patience for customer interaction and able to remain calm and professional in any discussion environment, then you're a cut above most of the field.As far as growing into top-tier, decide what demographic that means in your community and break into it. 98% of my work is client referral and over the years I've moved past the "hungry" phase of doing anything for anyone, having my hourly be sliding scale, etc. and into being busy with work that I actually like doing and what I want to be doing.

The numbers demonstrate that “the local and state regulatory environment remains friendly to short-term rentals” and that local regulations have “helped the industry flourish,” he added.

This will be a relaxed environment full of people ready to learn from each other and grow together.

Believe it or not, I had no idea how little I know about the services or environment in my own area.Writing this down has been an excellent exercise.

That way when deals come around, no matter if we are in a recessionary environment or not, you can take advantage of them. 

As a new RE investor you will make mistakes making a mistake with these new laws and this environment can be devastating for new investors.

I want to give her all the costs associated with updating it and selling it in a retail environment with a Realtor.

Even though I am new to this industry, I work full time in Event Operations, so I have skills in creating and implementing systems to improve efficiency and repeatability, and working in an urgent and time sensitive environment with strict and important deadlines.