Seller financed the full amount for monthly payments equal to their current income from rentals; balloon due 5 years.

Apparently, the Chicago Housing authority provides a one time incentive equal to the first month rent to first time owners participating in the program.

You have options and that equals power.

If you are putting your STR on Sch C and NOT providing substantial services, you will cost yourself money long term and risk the IRS reclasses your activity (which may or may not have consequences).Nonpassive does NOT equal Income from Self Employment automatically. 

The west has far more democracies, better ability to depose of leaders, less dictators, more equal rights, greater transparency, more accessible property rights that are enforced in courts, more trustworthy banking systems. . .

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

The process is equally rigorous whether you went to college or not.Regarding the original post, I suggest linking up with an experienced GC and working under them for 6 months to a year, even if it's just as a part time apprentice.

Some will collect first, last, and a deposit equal to a month of rent.

There are obviously other metrics that have to be met, such as the gross monthly rent has to be equal to greater than the total principal, interest, taxes, and insurance; that is the debt service coverage ratio (DSCR).

You could all be equal owners in an LLC and contribute start up cash with specific rules on payback timelines and then distributions.