Less wear and tear on the property = less of a financial burden while learning what it's like. 2.

How important is it to have a list of team members before starting out---Should I just pull the trigger on a place and send an offer if it works financially and learn by trial and error? 

A HH can produce great financial returns.

Just an idea but may be worth just handling all bookings through Airbnb or VRBO to add some level of protection

The Small Book (The Law) was harder, but since Real Estate Commissions' sole purpose is to protect the public from unsavory brokerage practices, that's what you need to study the most. 

You and your fiance can do it together over and over (as long as you financially qualify and fit the guidelines)Hope this alleviates your concern!

I recommend you find a PM who knows how to protect your property, income, time, and sanity with solid processes.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Due to their liability protection and tax advantages.

It is important to consult with a legal professional or financial advisor to fully understand the implications of assuming the mortgage and how it may potentially affect your financial and legal responsibilities in the event of unforeseen circumstances such as her mother requiring care.

and knowing it is about $4K to remove the tree, does it still make sense financially to buy the house?