The following is based on my personal experience and is my opinion; it may differ substantially from othersAttending seminars, boot camps, introductory lectures, etc., put on by people trying to “upswell” mentoring services, is the singly WORST thing you can do to launch your real estate career.  

In many beach markets however, having a pool is important and can increase revenue substantially as opposed to not. 

@Spencer Cuello are you looking to invest with a group into a syndication or as an individual investor as the managing member of an LLC?

Some counties and states do not publish criminal information so you have to go to every county to search.If there are any red flags, I will conduct a Google search of the individual's name and the city/state they've lived in according to their application and their credit report.

The rental thing is fairly new to me, and I haven't understood the bookkeeping aspect of individuals who own multiple properties.

I purchase the home at a substantial discount.

I have been reading up on all the requirements and plan on being super cautious in investments while avoiding self dealing and working with disqualified individuals.

Tom, were you ever able to find a company or individual that purchases remainderman interest? 

If your buying a building that’s $500k, you need to be getting at least $5k a month if not more or it’s not worth looking at in my opinion unless there is some other revenue source (ability to add bedrooms or units, air bnb) or you can increase rents substantially.

If it's anything like the Las Vegas market, a "resort casino" specifically could hamper your STR potential purchase pretty substantially.