I just reached out to a host on Airbnb who has properties I want to try and model mine after (based on AirDNA data).

Focus on the numbers rather than emotions.

Quote from @Matt Cook: I would really get with a realtor that is in the area of that property and that sells a lot of homes to comp the property on what it can sell for after the remodel.

I would also focus on landlord friendly states if you are planning to rent.

TIA Bruce Kirsch has a great course on underwriting.

It sits on about 1000 acres 30 minutes from Fredericksburg. 

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...

Choosing the right lender for a HELOC (Home Equity Line of Credit) can make a huge difference depending on your goals.

Is there debt on the property or are you doing all cash?

I have been reading Brandon Turner's "The Book on Rental Property Investing" and have learned a lot but wanted to get on here and ask for advice from everyone.