They are now offering a damage protection plan  and  cancellation insurance with an additional optional fee cost to the guest.

Unless you have a very high income it is pretty risky to invest in additional properties when your portfolio currently takes money out of your pocket.

All said and done it cost me an additional $2300 in fees for the HML that went past its maturity date plus the appraisal, all this could have been avoided if they told me they had an issue with my credit score from the beginning. 

This would be additionally offset by the $600 in cash flow from renting my original home. 

Maxed out 3% credits, ~$2,500 on inspection items, rolled commission into down payment.

Think about your credit score and future plans.

One might start by contacting organisations such as the Colorado REIA (Real Estate Investors Association).Consider joining online platforms where local investors may congregate in addition to live events.

Due to my research, it seems this owner claims a Homestead exemption on this Orlando, FL. property in addition to a split Home owner exemption on an additional out of state property for at least the past two years.

Now if he gets you by the hand and shows you how to buy with no cash and credit, and you are able to buy, then his snake oil is worth it weights in gold, but he will have many excuses his business is selling snake oil not real estate.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?