Second problem is that by making an offer to purchase, the buyer is implying that they have the ability and the will to conclude the transaction.  

Short-term rentals are booming right now and offer a great way to generate income quickly.The key is to take that first step, do your research, and believe in your ability to make it work.

For one, if you have any properties with conventional loans on them, this makes things much more complicated and severely limits your ability to limit your liabilities.

So now is a good time to buy if you leverage your ability to put a good amount down and close...that is attractive to sellers that are eager to get out of their property. 

Or even interesting to think about the ability to charge late fees. 

You have to build a foundation of trust through your past clients, your social media presence, and your honesty and ability to educate.The problem with the agents who are here with you guys on BP is that there is nothing to say they are really investor-friendly agents.

If you have the desire and ability I wouldn't wait around for another year when you get here. 

One approach is to emphasize your reliability and track record, showing that a lower EMD doesn’t impact your ability to close deals successfully.

I have private money family friend who wants to fund multiple investments and since I come from the construction industry they are confident in my ability to rehab properties.

To be fair, they did say that I would always see a bill from the electric company, but it was not explained.)5.