Thank you for asking Dan, I have been in the industry since I was 20 years old, so 12 Years! 

A lot more important compared to newer construction homes where you don't have to deal with certain things when it comes to either of those.Many other nuances but those are just a few that come to mind.

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.

Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.

I come across SFR in other states from time to time direct to seller. 

if you have no money to put down then you're not ready.here's what i would do instead:-save up enough until you have enough money to do a live-in flip-do a live-in fliphope that helps

You came to the right place for information, Jared! 

I asked about 3rd party accounting.His response was it'll take 6-8 weeks at least for them to come up with a plan but the conversion to shares is permanent.

But some members drop out and some come in.3.

I personally am not investing at the moment.