Over the past week bookings have bounced back and the summer is looking great barring any more surprises!

Being my first rental it was very convenient.

Side note, I love your description of your rentals and your town 😂@Todd Goedeke I agree, I was really surprised at how high I’ve been quoted so far.

I am surprised at how little you know after all your study about this.

Don't mean to bump the thread up to the top, but I'm surprised no one asked if you could potentially team up with someone to make the deal work? 

Coffee shop, cell phone store, gym, tanning, hair salon, insurance agent, dentist, convenience store, etc.

@Korok Chatterjee rentometer.com has been surprisingly accurate in my experience.

I'm frankly surprised that your attorney suggested combining them.

You have to have contractors if you aren't handy with a hammer, you need to buy well below what you will sell it for, you have to be able to accurately estimate what it will eventually sell for, you have to consider acquisition costs, rehab costs, carrying costs, selling costs, prepare for 6 months on average from start to finish, you need to know about title reports, appraisals, escrow, lenders, insurance, sequence of rehab lists, "oops" surprises, market changes, level of finish, what other rehabbers are using for materials, and realize that contractors don't always show up or finish what they start.

This doesn't surprise me.