You will attract all scumbags in this world and soon find out your repair and legal cost will easily pass your yearly income.

what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

Best tips are take it slow and make sure you have significant reserves when you leave your w2 also don't buy a company car if you already have a car just to say it's for work.

Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

C. and @Trevor Laramee I went through a local insurance company and was happy with the rate.

IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out. 

@Shaun Ng i own a title company in MI - and i am sure we could help you if you were here however, if VA is an attorney state then you can get help from a title attorney otherwise chat with a title company. 

More big name companies will join the STR industry and hosts who are not exceeding expectation will be weeded out by their money power.

My wife and I moved down to Central Florida from Hamburg just over 5 years ago and are running our own brokerage and property management company. 

You could easily niche into that via even just the legal realm and would probably never have to step outside of it.