Can conceal and carry also mate.Toledo is the place to be 😁 Guns, Reefer & Cash Flow.....If Toledo gets a River Boat Casino, I'm moving there tomorrow.

I would have paid another experienced local investor (an unbiased party not having anything to do with the sale of the home or selling me services) to do a thorough video tour of every inch of the house before submitting an offer. 

The views were stunning, it was just my wife and I (and the photographer), we got amazing pictures, paid a fraction of the cost -- then we had a party after our honeymoon and celebrated with friends and family (much less expensive as venues didn't see this as a "wedding").

WHATEVER you or any other real estate investor does #1 - Never Ever Under-Estimate non-supportive parties:  HUD, REVERSE MORTGAGE LENDERS, FHA, YOUR OWN REALTOR, Financiers, INSURER'S, LOCAL LAW ENFORCEMENT EMPLOYEES - bribed Police Inspectors especially!  

I don't think you probably get extra rent for the sunroom.I might pay something extra for the extra space on purchase, but for the most part I don't think they really add value. 

I am learning from all of you, and one day I hope to be a source of wisdom for those who post here.Since I  last posted, I have had two parties sign up on Airbnb for the place, so I am booked till the end of June. 

Usually, one party has more funds and the other party has the experience and time to be more hands on with the business. 

Quote from @Chris Seveney: @Jay Hinrichs100% agreeWhat we did was had a third-party company perform a track record verification report.

To do that we'd need to examine the contract and the various other factors e.g. the intent of the parties, actual lease payments vs fair market rents, etc. 

Shopping part is always the fun part, and the admin side takes longer.