I've been beating my head over numbers all day and totally missed this one. 

Ex: If I have someone that wants to book long term I'll find out what their total is from VRBO/Airbnb and I can cut a deal with them where their price comes down and my payout goes up. 

@Ayodeji Kuponiyi I am going to give you some slack and not just totally rip into you for this.When you go take photos.  

I've heard so much about BRRR at Biggerpockets that I took the step of faith although to be totally honest, living in a house while it's been fixed is not exactly my thing! 

I know it can burn when you have a totally baseless case filed against your llc, because you'll obviously have to shell out the $$ for your attorney to defend the llc, money that you'll never recoup, but its necessary and really shines light on the ability of your operation to scale itself.As to needing to be licensed - I know W-2 employees don't need a license for brokerage activities concerning properties owned by their employer.

After a few hours I decided that the USDA Aggricultural loan would be our best bet.

The first one will take 10 minutes to complete, the next 3 will take 10 minutes total.

We are planning to replace them either way (estimated cost of $50k total), but I'm wondering if we should go back to the seller and ask for a credit?

Now we are totally hooked on the idea of buy and hold real estate!

However, if your contract states that the seller has agreed to escrow $x for repairs for which the total $ is uncertain...