Here is a brief (very brief) overview of the finances... 

for me, it was common sense stuff ;-)  his formula: look for properties with a problem, buy at a discount b/c of the problem, fix the problem, sell for more. he covered the following topics in the boot camp:1) how apartments will make you wealthy ... overview and mindset stuff2) how to find deals (he brought in a guru to up-sell profit grabber)3) the quick and easy way to evaluate properties (i think he now sells a subscription for an analyzer tool)4) how to determine where and when to buy5) the buying process (0 money down ... up-sells another syndication bootcamp)6) negotiation7) how to write offers 8) how to protect what you have - buying properties in the right entities9) property management overview (he up-sells another 3 day managing the manager bootcamp)10) overview on 1031 exchanges11) tips on how to increase your sales price (i.e., increasing NOI)12) ends with an up-sell to his coaching, which i think starts at 5k, + a monthly fee.  

I would like to get a resource on searching title so that I can understand Lien Priority as well as a general overview of terminology.I invest in North Mississippi and our land records are online (very accessible).

Their data is free and comprehensive.  

If you would like assistance with this portion of the due diligence process or with a comprehensive title search, feel free to reach out to me. 

I have our 5 yr plan outlined and I am currently researching business plans so I can put together a comprehensive one.

Also, if you are interested in a more comprehensive study of short-term rental management fees in the U.S., I'd be happy to message you with the study my company did!

From the brief overview of your numbers the COC returns aren't good if you buy cash, and the monthly cash flow will be very minimal if you finance it. 

Here's a decent overview of the issues: http://www.kiro7.com/news/local/seattles-quiet-war-over-this-zoning-regulation-rages-on/514093303I am following this closely as I own a SFH with a MIL unit which we are in the process of permitting. 

I tend to like more comprehensive policies, typically written as an ho-5, that the only non-covered perils are the exclusions that are specifically listed.You'll also want to take the size of the deductible into consideration.