We have had numerous Clients come to our property management team that were told their property was in great shape and basically move in ready only to have our property manager walk it and have a list of 20+ things they find that should be done before placing a tenant.

I bought a property a while back that had the legal description messed up when the survey was recorded, the property was sold numerous times and every time there was an affidavit of correction needed to fix the legal description in the sale.

We paper them differently and have numerous disclosures and checks and balances in place to ensure the deal is as risk free as currently possible.I agree the gurus are soiling this industry quite a bit. 

I'm local in Asheville, do some investing, and do some lending too.Also, we have a great BP meetup here in Asheville, where you can bounce ideas and plans off a variety of people, get some great free counsel and comradery, and even connect to some opportunities.

Also, there are numerous challenges dealing with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.

My wife spent countless hours on the phone with her working out the numerous accounting errors.

It doesn't save you money (you are $30k in debt), it disrespects the property your mother gave you, and it's not healthy for a variety of other reasons society will never tell you.

People want STR over hotels for a variety of reasons.

Small Business Administration (SBA) offers 7(a) loans to small businesses for a variety of purposes, including purchasing owner-occupied commercial real estate, refinancing existing debt, or financing equipment.

Investors would classify neighborhoods as A B C D with A usually being VERY safe and B being acceptably safe and C with variety of levels of crime and D would  be "don't come unless you are armed".