I might have got it from decades ago of listening to Nanci Griffith and other folk troubadours.)In case you wanted just a touch more detail on why pre-approval is not so bueno on VRBO (but for me, is fine on AirBnb), here's my old post on it:https://www.biggerpockets.com/forums/530/topics/1223156-less...That 72-hour hold bites.

This is often where the decision is made. 

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I rest my case.And here is my older post on finding good CPAs:https://www.biggerpockets.com/forums/51/topics/1222774-expla...

Look at all of the costs and then all of the revenue and make a decision based on that. 

Narrow your focus, stop buying properties, and figure out what you actually know really well rather than letting FOMO, spreadsheet calculations on faulty pro formas, and advice of strangers on the internet influence your investment decisions. 

,and there was technology out there that would make your decision easier.

Far too many decision points for a post.1. 

these investors were all chasing easy OOS cash flow:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/52/topics/1010977-12-00...if you're serious on investing in an OOS market i'd pick one, get to know it, go to it in person, and build a team, and then determine what would you need to do to get a good return in that market. 

This would be my first real estate investment, making the decision even more critical.I understand that backing out would mean losing the $2,000 earnest deposit.