Instead, it reduces the seller's net sale proceeds, which may impact the amount required to be reinvested to fully defer capital gains taxes.For the buyer, the credit lowers the property’s basis rather than being deductible as a repair expense.

The nuances in state regulations require an expert who understands how to expedite the process within the legal framework.

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

Both these properties have mortgages and they both are required to have insurance on them.

I believe the requirement is 25% down for foreign investors.

If the property requires rehab, the Realtor and/ or Mortgage Broker will suggest applying, for a FHA 203k Loan.

Portfolio loans generally have a minimum number of properties that are required such as three.

Why do all these “guru” methods seem to rely on naive, uneducated, or desperate sellers?  

to see if you like it and can learn/handle the require underwriting. - contact @Jay Hinrichs about this, pay him if necessary, as he's been doing for 25+ years.Good luck!

For example the license should not only have a cost but also require at least some compliance training targeting some of the most common issues/complaints.