My advice to any first time investor is to only buy a property you are willing to hold long term.  

If I need additional funds, I can give another lender a second mortgage after explaining to them that the first mortgage holds a stronger position.BUT... if you do some paperwork with the state and set up an entity.

There is no money back guarantee, but when I emailed questions to the author, he responded in 15 minutes and offered to answer any support questions I would have.

Unsuccessful Property Search: Hours spent on unsuccessful property searches, where no purchase is made, do not qualify.On-Call Periods: Instances where you are on-call but do not actively perform work do not count towards material participation.Meeting Requirements:Maintain Detailed Records: Keep accurate time logs and records documenting your involvement in material participation activities, supported by evidence such as emails and calendar appointments.Seek Professional Guidance: Collaborate with a qualified tax professional to ensure compliance with IRS regulations and to optimize your material participation strategy.I hope this high-level overview gives you insight into what activities matter and ones that do not.

Unless you got amazing supporting documents from the previous owner (a move-in checklist, pictures of the unit in the prior condition) it could be hard to make a case to keep the deposit.If you do keep the deposit and they file a claim against you and win they could get 3x that security deposit.

You have to pay cash and/or have the owner hold financing.Get a VERY GOOD attorney. 

I'm working on scaling my STR holdings and with the mainstream ISPs I am required to set up a new username for service at each new place. 

I view it as more of a lifestyle decision and generational hold.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I think I'm going to hold off on registering for now.