We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs  500 k to 1 mil on each project my client is going to make  sit down  but probably over 10 million net  life changing money and well we will do good too !!

@David Krulac  thanks, out of curiosity I called my insurance agent for flood quote $4442/year for basic building 100k coverage in flood zone area of AE! 

So basically Redfin/Zillow/MLS is just not going to be a great resource for finding deals.

My wife and I come from a manufacturing leadership and project management background.

It will familiarize you with the basic terminology and benefits.

It’s the easiest way to get a feel for being a landlord without the stress of managing rehab projects.

But I think you are asking for a standard timeline for a basic transaction @Kiryl Ulanovich. 

There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!

Curious, did you ever start your project?