@Najeh Davenport I had a pool at my bed and breakfast for 14 years.

So, I'm left questioning what benefits there are to the 2/1 buydown that would make it a recommended option.I'm thinking that if I skip the 2/1 buydown, the cash to close would be lower, meaning I'd need to put in less of my own money upfront, which seems like a better option to me.

After 25 years in the bed and breakfast industry living amongst my guests I found that setting expectations and ground rules can be a game changer in keeping the harmonious relationship between you and your tenants.

I generally advise my clients to skip properties that are near main street traffic or commercial buildings/stores.

I had a property (bed and breakfast) that we knew had 1 ghost and we just couldn’t sell it.

Before I got my license I would find off market deals for myself by driving for dollars, buying lists and cold calling, sending mailers, networking, skip tracing, going to meetups/ local REIA meetings, building relationships with agents, etc.

You give me access to enough data and I can tell you what you'll eat for breakfast in a week and what color clothes you'll pick for that day. 

Plus, if everything is hidden from public eye you get to skip out on the petty stupid lawsuits.

I had no money when purchasing so I skipped inspections which was a big mistake.

I had no money when purchasing so I skipped inspections which was a big mistake.