Great question, and even better position to be in!I

Pittsburgh can be a strong market for house hacking,  being that the buy in is more conducive than other markets and it holds a strong rental history. 

CoC is a metric I see used when a project is being financed, so that the cash an investor has in is, say, 20% (the down payment) of the value of the asset.

I had one applicant say that he had all the information in a word document and could I cut and paste it in.  I

What market are you looking to buy in? I

There are a lot of good resources for being a successful property manager and many meet up groups to participate in. I

So far every booking guest's ID address matches their VRBO physical address.Without physically seeing them at check-in, I don't know that you have really verified anything.

They provide the leads every month, you send letters and field the calls as they come in. I

The assumption going in is that we are dealing with a separate entity, not that someone’s just using an entity to avoid personal liability.  

These units run roughly 100k and rent for about 250$ per night, just to give a scope for our type of starter investment.Between my wife and I, we have a grand total of 0 years in real estate investment experience, but we really believe in the area and real estate we will be investing in. I