Being new to the space, my best advice would be to take a deep breath and do the following.

@Lane Kawaoka-  Hi Lane, I live and breathe CRE in Seattle.  

Hey @Estrella Carolina Mckinney, that is super funny really.It's like saying if you want to live - Drink water, breath in and out, eat food, get some sleep!

Seriously, spend three months living, eating, breathing projection models--run projection models until you're running them in your sleep.

Just yesterday I had an attorney tell me it's not legal and he doesn't feel comfortable doing anything with my Contracts which are just a purchase and sale agreement and a assignment of Contact. he didn't even know what an assignment was but then in the same breath told me it was illegal and in the state of NC the Contracts are at least ten pages long and then said if I can find an attorney that will do it to give him a call because he would love to learn more about it.

Use HomeDepot's flooring calculator to calculate how much flooring you'll need (it includes a 5% extra flooring buffer because you will mess up some cuts)On the mental side, whether it's a big construction project or a simple LVP flooring project, you will encounter set backs, problems etc... you're going to want to give up, take a deep breath and push on.

Are you a RE agent who lives and breathes the industry every day and has above access to deal flow.

House has no carpet, just wood and tile floors.I typically start with 6 month lease, then it goes month-to-month, but I'm never really concerned about this b/c my retention rate with tenants is always pretty good and if they leave me, it's for actually pretty good reasons for moving on in their life (getting married, moving to a new job, new chapter in life - my property tends to be a safety spot for young women who are going through major life changes and need a place to breath and figure stuff out.

@Paul Cox The article you mentioned says:Fannie Mae issues ruling on renting newly-purchased second homes on AirbnbThe update clarifies that homeowners can rent out second homes after 1 year of ownershipNational /April 19, 2019 12:00 PMTRD StaffSecond-home owners who want to rent out their properties will breath a sigh of relief, and perhaps make a bit of cash.A newly rewritten document from Fannie Mae suggests homeowners and lenders may have been misinterpreting rules around rentals of second homes since 2001.Fannie Mae’s April 3 clarification of the “Second-Home Rider” shows that homeowners are allowed to rent out a second home after one year of ownership, and that short-term renting during the first year is also permitted under specific conditions, the Wall Street Journal reported.Previously, the rider had been interpreted by many owners and lenders as saying that second-home owners with mortgages backed by Fannie Mae or Freddie Mac were completely prohibited from renting their properties.

My system is simply a living breathing entity that does it all for me.