If you fail to follow the rules, you may open your personal assets to a lawsuit.

Have multiple funding options in the works because one might fail and you will need the back up to close on time.

Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.Pace makes a lot of money with everything he does.

@Jon Martin You are right , if you don t know how to market a property and get direct reservations you should not attempt to co-host or triple net lease a property.You fail to mention that leases on a property can be as long as 30 years.Long leases are a way to give both property owners and management companies favorable terMs.

I think your manager is failing you. 3.

Have multiple funding options in the works because one might fail and you will need the back up to close on time.

Are you fully booked but maybe not charging as much as you could or are you failing to fill your calendar (maybe you're not pricing competitively enough).If you aren't booking up your property then a tool like RankBreeze could help you increase exposure of your Airbnb listing while also doing some of those strategies Mike suggested.

I've read there are pass/failed inspections that let you walk out of the deal but you don't get to ask the seller to make any changes or credits.

Quote from @Victoria Phifer: I don't recommend charging anything on a credit card unless you have total control of your finances and can pay off the balance every month.I charge everything I can to credit cards, but I pay the balance off every month, 100% without fail.

You might be able to find a lot of this info online, on YouTube, here, etc and piece it together however as a busy professional I didn't have the time personally to try and fail - nothing wrong about choosing that path however I knew I didn't have time and I was in peace with hiring a coach to help me through my first deal, 8k is affordable in comparison with the 30,40,50k programs out there.