Tough break to lose all that cash.

We are new so funds are very limited, is there a process you guys use to make sure legalities are set up right, and can they charge on the close of the deal?

You can build your own team i.e. title co, insurance, pm, contractors, handyman,process server, lender etc.... or you can find an operator who can get you going in that market while simultaneously building out your team.Section 8 housing is a great way to ensure consistency with rent payments however not all tenant who have HCV pay 0%.

I'm in the process of purchasing a STR and am intrigued by the 3-2-1 buy down. 1st year of the loan would be 4.5%, 2nd year 5.5%, 3rd year 6.5%, 4th year standard market rate.

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

I'm very proud of my New Orleans property; it will be tough for me to sell it one day.

Emphasize how this arrangement could work to their benefit, offering steady income, avoiding a traditional sale process, and giving them the freedom to move forward with their plans such as buying that sailboat and sailing around the world.If they ultimately decide they’re not interested in selling, you’re still in a great position to continue your search and buy your own property in the near future.

In the process of analyzing deals, I reached out a property manager for his fees.

Where would you start with a process like this. 

Quote from @Nate McCarthy: Quote from @Tim Delaney: You have a lot going on there and I’m not sure I fully understood your thought process.