Unless you are local or have ties there you can replicate what you can accomplish there in many other markets, especially if you are just buying based on price and rent.

REIAs are more speaker-based and sales-focused sometimes, with pitches, but can be great.

Thanks all,Preston Henman Define your buy box, which area , what price , what size , how to finance based on your risk capabilities.

Don't "make a deal work", it either does or doesn't based on your criteria. 

That said, you do not have to accept damage to your premises by any tenant, so you are well within your rights to charge these tenants for the damages or move to evict or non-renew based on the damages. 

This means that if the property was able to rent at top of the market rental price, call it "X", you would yield "Y" in cash flow based on the sales price and rental rates.Here is where you have to sharpen your pencil and if possible, visit the property in person.  

Keep in mind the definition of a millionaire is based on net worth, not money in the bank.

This information is based on Vrbo’s current understanding of applicable laws and should not be relied on by partners.

Based on your experience on this journey, any particular advice/recommendations? 

On my policy, the loss of income limit is based on 12 months gross income for the property.