While the $600 per month insurance bill is hefty, I remind myself that being closer to the ocean would have meant even higher costs.One of the key lessons I've learned is the importance of timing.

This shows the importance of networking locally, building your connections and your "tribe". 

Trustin your PM partner is important and they will follow your lead, so don't expect them to provide you with your business plan. 

I suggest creating a list of questions that are important to you and start asking!

It’s also important to check with your lender to see if they offer this option.Lump Sum Payment: You’ll need to make a significant lump sum payment toward your mortgage principal.

Quote from @Landon Sheveland: Curb appeal to attract attention, then kitchens and bathrooms are usually the most important areas to focus on.

SOLD comps vs ACTIVE is very important. 

Yea I have been talking to some mentors and they have stressed the importance of having instant equity and multiple exit strategies in a market like this.

The PM owns the listing, and for several important reasons. 

Resolving conflict is so important.