I'd be happy to jump on a call to chat if you want.

A week later, the owner returned my call and expressed interest in selling.

He's the right guy to talk to about this.The channel is called HoltonWiseTV. 

Maybe learn about buying a duplex and living in one half and renting the other half out called a house hack.

Each town is a little different, some require you to do a landlord registration and/or will want to do an inspection before you put a tenant in (calling the town would probably be the easiest, or they may have the info right online).

You can either immediately refinance if you paid cash which is called delayed financing.

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds

I'd be happy to get on a call with you to discuss.  

Tell them that you are serious about running a quality STR and to have them call you at the first sign of problems.That will give them some peace of mind and have a way to get a hold of you instead of calling the cops.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.