To get this, I’m paying them about 10% over asking price in total purchase consideration, but the terms and monthly payments are so favorable that it really doesn’t make much of a difference.Although I’ve read extensively about these deals, this would be my first and my big question is around the taxable basis of the property.

Thanks for reading.

If you are interest to read any other of the “How To” posts that I write check out the others listed below.

Read as many RE books as you can get your hands on.

Not to say anything bad about the following STR companies, but I would go with a smaller one in which they can definitely take care of your home better and won't be overlooked. 

I feel tenants don't care as much.

I know I will find answers if I keep reading and exploring, but I have a potential deal going right now, so I need the answers sooner rather than later.1.

Do you know how to read the credit/criminal background?

To me this sounds like it has been going well (just what I read, may not be true).

We have been researching and reading a lot (analysis paralysis!)