I'd like to get to a place where I could have enough cash to make all cash offers and possibly get better deals that way then refi and pull the money back out but then again I haven't got this all figured out yet which is why I'm trying to bounce a few things off you more experienced investors.  

Once the late fee is charged, you should not accept any payment unless it is in full, including late fees, and in certified funds (cash, money order, cashiers check) so you aren't waiting for a check to bounce.

The tourist industry will bounce back, but it may take a couple years so you may want to wait a little longer before purchasing something.If the tourist industry really takes a hit in 2020, you could see a lot of investors sell their vacation rentals cheap just to survive.

It seems we are both starting to look in markets that are relatively close and I am sure we could bounce ideas off each other. 

And for anyone else local to Pittsburgh just starting out, I'd love to bounce ideas, or attend a local REIA meeting with you. 

Would be nice to bounce ideas/trends off others in this space, especially those who have access to CoStar, Axiometrics, etc.Discussions on cap rates, IRR projections, revenue optimization, amenity trends, etc.I usually peruse the multifamily forum when I visit this site but it is full of duplex/quadplex questions.Just my two cents as a "seasoned" guy.

Find a mentor, someone you can bounce ideas off of and can help point you in the right direction.

I appreciate being able to bounce these ideas off of others.

I am looking into starting a development I have zero experience and would like to connect with someone to bounce Ideas off of.

I'm interested in this and would be open to it to bounce ideas around, but you might also consider hiring someone to give you focused time and expertise like another person mentioned.