He told me that given that I was still fairly new to investing (5 years) that I should consider the benefits of having the extra cash on hand either for emergencies or for future down payments on additional properties.

On the one hand, doing my taxes myself helped me to understand the rules and processes better...on the other hand, you don't know what you don't know, and sometimes those mistakes can cost you a lot of money (in my case, more than hiring a CPA). 

As for subpoenas issued by Governmemt being quashed, I have first hand experience.  

other, higher cash flow strategies are higher risk or more hands on or both. 

I like the comfort of knowing that someone as a vested interest in holding my hand, but I'm still a little skeptical.  

I know where you're coming from, but like I said to Nicolas, I like that they hold my hand through the process since it's my first deal, and I would have no (or very little) financial responsibility.Thanks again everyone for your interest.  

I simply have a question for someone with first hand experience renting a model home to ryan.  

Just to be clear for everyone interested in this market there are only a handful of areas in PBC that allow STR.

The goal is not to hit a bullseye on the first try but instead to stand out as a worthy counterpart so that you have the upper hand amongst competing offers and other prospective buyers.- If a property owner has already received other offers, consider using an escalation clause.- If a property has already been on the market for longer than the average DOM, consider an offer that has terms/conditions favorable to the owner while maintaining a purchase price amount that is favorable to you.

I also provide hand sanitizer and shoe covers for all visitors.