Watch the auctions for a month or two (do some simulations for practice) before you actually bid.Otherwise you will likely run home with your tail between your legs.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

@Gurjot Grewal I don't know about your market but getting someone out to a property for a job that's less than $1,000 is impossible practically everywhere else.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I’ve heard it is bad practice to personally guarantee a business loan. 

Seems that a lot of guests do expect a dresser, at the very least for the practicality, and even some guests who consider it an aesthetic component as well. 

I would keep it as a residential building and operate the STR which is practically the same as hotel .

But here's the thing: they were missing something important: practical experience and instruction.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).