Sometimes those small gestures can save you headaches when construction dust starts flying.I’m curious... now that you’ve pulled off this deal, how would you approach finding your next project differently, and what kind of local contacts would you prioritize connecting with first?

Any general advice is much appreciated.50k is more than enough money, the biggest question at 22 is are you ready to buy a property and be kind of locked in for 3-5 years.

Kind of surprised that BP has gone this long without getting things figured out and in compliance with the App store. 

More common is you move into bigger, more expensive homes that you buy, or perhaps downsize into a home without a mortgage.

When I said size doesn't matter as much I meant for STR you don't need massive rooms, larger common areas, etc.If you went MTR you might go further away from RTP and go for higher bedroom count, for less appreciation on average.NOTHING about this post is gospel.

This will depend on what kind of loan you choose to proceed with.

A common misconception is that you have to put down 20% of the purchase price.

If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

This is a common problem for other places besides California.Most of my clients are out-of-state investors-California being one of the most common places for investors I work with.I would say, in general, it is very similar to in-state investing in that your investment is as good as the team you use.