To give you an idea for the 30 year fixed I could offer the following :-Rate: 6.750%-Payment $5,691 -Prepayment 5/4/3/2/1-Broker and lender fee : 1.00% combined 

Don't be afraid to follow your sisters lead, and feel free to connect if you have any questions or would like our inventory of off market properties.    

Once title company had finalized title search, seller decided not to follow thru with the closing.  

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Would love to follow your progress on this topic.

How saturated is your market and how closely are you following your comps?  

Then cashout refi - DSCR, followed by a DSCR purchase on the second home will be your route.

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.

Do I just use the realtor's complete list of contacts on their rolodex if they've proven to be a successful and have a good reputation on BP?

The entire system is designed to just be this 1 thing, color int he lines, don't venture out, just follow these steps.