Work with Professionals – Consider forming relationships with local appraisers, title companies, and attorneys to help with due diligence.

But it can be frustrating if you're on a tight time limit and don't have the patience of Job.Many hosts feel like a simple site that looks professional and is robust, does just as well for half the cost.

Sometimes it's better to pay a bit more, for a real professional to handle your most important transaction. 

Readers should seek professional advice.

When you learn to partner with professionals who are well-versed in this segment, most distressed property transactions are quite straightforward.Myth 5: Distressed Properties Are Not Obtainable with FinancingThere is this perception that distressed properties are cash-type deals.

Best of luck, but again, I suggest hiring a professional. 

We work with lots of clients that are high earning professionals and are looking to start investing in real estate and we provide a simple solution that doesn't take away from their main focus of their high earning job.

Similarly, if you are you a medical professional with strong connections at the local hospital, then target properties (and their owners) that would attract medical travelers.

What's your thoughts on using Rent Manager for an investor that already has professional property management?

The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?