What I like about it is the fact I can reach out to them when I have specific questions about a topic or if I wanted more details.Information like this can be found through reading REI books and scourging YT videos.

Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.

My biggest concern is just making sure I'm by the book and mostly making sure my property doesn't get destroyed, I have heard a lot of horror stories.

Brandon Turner's two books: The Book on Rental Property Investing and The Book on Managing Rental Properties. 

That violates the Takings Clause.MD can be distinguished (in fact MD was mentioned in the decision) in that there IS a process on the books for the foreclosed owner to petition the court for the surplus. 

Our goal is to snowball our efforts and scale quickly over the next few years.I’ve read a few books on real estate investing, and I’ve heard great things about BiggerPockets as a resource and community for learning and networking.

You should buy a good book about being a landlord.

Brandon Turner does a great job going over different strategies in his book "Invest in Real Estate with No (or little) Money Down".

Providing strong supporting data from your Airbnb bookings, market comps, and STR reports will strengthen your case and help you close faster! 

It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals.