I strongly feel a bank would be cool using an escrow account for verification of funds.

I'ma was getting burned out, and I started hating real estate.Here's the deal:67 Units, $12.2 million, 2019 vintage, mix of SFH & Duplexes.We bought this deal from the same seller who sold us a 62 unit last month.

I'm really interested in getting started in property investment, but I'm struggling to feel confident in knowing where to start. 

Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.

I just wanted to get the honest truth before I jump into it and start working with a realtor. 

I had about 1 million cash to invest, didn’t want to take a loan, and always purchase in one coastal mid Atlantic area where I have connections, know the market, and growth prospects are strong.  

If your STR income is strong, the higher rate can still work, but it’s important to weigh the risks and rewards carefully.

So I've been doing my own taxes in Turbotax for 20 years now (I only own 2 rental properties but both were BRRRs), and I finally got stuck on something and went to a CPA 2 years ago, and he reviewed my past 5 years of returns and pointed out that I had made multiple mistakes (incorrectly categorizing repairs vs capex, calculating basis and therefore depreciation wrong, failing to realize that certain expenses for a home converted to a rental property start being deductible the day the property was placed in service vs actually occupied, the list goes on). 

Find 2 or 3 strong wholesalers that are operating in your target areas by talking to people who are already investing in those areas (chances are they have used a wholesaler in the past, or are farming their own deals and may toss you whatever doesn't meet their needs), give them your buy box, and make sure you have your funding lined up to act quickly on a deal.

When I first started cleaning out my house, there were 3 young women and a child living in the attached house.