This is my first property so of course it's harder to keep my head in the game with %100 vacancy. 

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.  

Refinancing game is tricky.

Be in a location that allows short-term residential rentalsIf the residence does not meet the standards for a conditional use, they cannot be waived.Any STR must be owner occupied would be a game stopper for out of state investors.

Hey Chris, If your agent is only using RCM, they might not be familiar with platforms like Costar or LoopNet (which honestly should not be the case), or they simply may not have the budget to cover the upfront listing fees, which can get pricey.I’d circle back with them, address the plausible elephant in the room, and try to figure out a game plan to get your property on these other platforms.

They have degrees and interests in different segments of what I think are important facets of the real estate game, one will be graduating with a degree in construction management and the other in accounting.

The best way I have found to learn is to be in the game. 

I would venture to guess that Kiyosaki has made much more money from books, board games, and licensing his "Rich Dad" brand than he ever did in real estate.

For brokers, it is a numbers game and most of them want to consistently bring on new agents.You may have to meet with multiple brokers to decide which is the best fit for you.All the best!

How come you don't see the excitement you could have, of asking yourself all those questions at your desktop, if only you had some skin in the game?