That involves consideration on forming a legal entity that you might have to hire someone to advise you,  figuring out your financing that you pe-qualify for and get a loan letter from the lender that will help you and give the owner a comfort level, and a new business location that is convenient and has minimal distractions.  

The last major thing I will suggest is locating an office for your new business that is convenient and has a minimum distractions.  

These strategies add a degree of risk to any transaction and may create distractions for new investors who are trying to get in the game.

Sarah Palin did not quit to make money, she quit because of all of the unfounded 'ethical allegations' were just too distracting for her to fulfill the job of governor.Here is THE question.

Having furniture/personal property inside will help to distract from many surface blemishes.

I sit there and reflect with no distractions.

) I feel like getting my RE license will distract from these goals and slow me down, can you really be a "part time" realtor?

You bought a property with no real goal in mind, so you get distracted by a shiny object (fast equity).Let's say the house is currently worth $500,000 and could conservatively bring in $25,000 a year as a short-term rental.

Team building in this case is just a distraction, but nothing wrong either with preparing some names ahead of time.

This can be a problem for some investors if the property barely cash flowed, did not have a positive cash flow or worse...While the lender can foreclose on and take the property, this is a serious distraction and expensive course of action.