Just curious, what are you using now?

being that this is you first investment property is there a reason that you are not getting help on this one? 

I wouldn't go into it with any preconceived notions of what the owner's intentions, situation or motivation may be.

He makes it sound like you are getting great 1 on 1 training and can dogreat deals without spending lots of money prospecting for deals.

Since you are paying cash, you can buy it in an LLC right off the bat, so that's fine.

Yes, the IPDs are highly useful and do a good job of giving you a sense of how the investment will fare if all goes as planned.

Mistakes are inevitable, but learning from them quickly is what really matters.Early on, my biggest mistake was not raising rent consistently.

These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.

STR demand is there, but regulations can be stricter.2.

I could not get a human to answer any of my questions and could not get the system to let me through.