I will educate myself better regarding laws so I can handle these matters effectively going forward.Quote from @Steve K.: Why would you need the tenants permission to send an inspector in?

Quote from @Scott Tennell: What creative financing strategies have you found to be the most effective in today's real estate market, especially in terms of working with sellers or investors in challenging conditions?

Hi @Kyle Kobel and folks,I teach hosts how to use Pricelabs more effectively or I also a have full service offering that includes STR revenue management and listing optimization as well.

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

Then you have someone who understands the investors goals well and the technical experts really working together effectively. 

The cost of that trip would effectively be included in my purchase price.

In fact if you don't do proper due diligence some are "traps" with bad layouts, fire damage, and tiny sized lots. 

Depending on where you invested in Florida, you could have lost a good deal of money due to hurricane damage.

It was over $5,000 damage but the bed bug company said it wasn't their fault and the tenant signed the contract that the bed bug company wasn't responsible for any damages so I was stuck with fixing it myself.