Pretty informative for someone just getting into this...https://kimandbagwell.com/pitfalls-for-the-inexperienced-geo...And on another thread (https://www.biggerpockets.com/forums/61/topics/1152882-tax-d...) there was an interesting point made by @Sam Bagwell (I wonder if the above is his firm -- likely)... if you engage an attorney to handle the debarment and the property is redeemed, you can end up upside down even with the 20%.

If you are referring to design, amenities, stocking and renovation, I have plenty of experience!

But we both are determined, have an eye for design, and enjoy the learning process. 

Hi Ali, The good news is because you have experience there are loan products designed especially for investors that require NO personal income or tax returns.

If you turn this property into a STR - do you have a budget for design, amenities, and furnishings?

As such, those engaged in these practices are required to have a valid real estate broker license.

I should have my plans from my designer soon and I will show them the plans.  

Instead, I recommend you engage a local financial advisor who will help you with your whole life situation.

More valuable IMO is a real estate designation like a CCIM or SIOR etc. especially if you are focusing on a career as a RE agent.

My husband and I renovated and designed the condo ourselves, traveling back and forth from Cincinnati to Gatlinburg over the course of about 4 months.