A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.

However, factor in seasonal demand, strict regulations, and management overhead.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

I have a friend who also invested with this guy and she's received some small payments irregularly, but a small % compared of what she invested.I'll follow up on the items you mentioned to take action on, I appreciate the input!

When you choose quality success will follow, especially in the STR world.

She didn't pay rent the last 3 months, plus I paid all the lawyer fees. do I hire a debt collection service to follow them until I get my money back? 

I think you have about 90 days to move into the property for an owner-occupied loan but I am not sure if that differs between FHA vs. conventional - @Zack Karp or @Jose Valdovinos could confirm that...Either way, I'd follow the advice of others above...give the seller two or even three separate offers that work for you. 

Definitely gonna follow up with them next week. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Follow the grey-haired people with life experience and real wealth instead of the flashy YouTubers making money off suckers.