Regards Going to depend what route you go through (conventional - or DSCR with an LLC etc.) also I believe what state you are in matters - states can vary how they treat marriages and guarantor / requirement rules

Don't be afraid to invest out of state.

Separately, there may be issues if the executor resides in a different state from the decedent depending on state laws.

One specific thing that stands out as a red flag among many is the agreement they sent over to me states that they receive 35% of security deposits collected as a sign on bonus.

Troy,In addition to what Melanie listed I would add, you need to find out about the local, state, or federal guidelines (if any) that impact the setup of the property.  

Thanks for the reply, how easy it that to do when you are an out of state investor?

I believe they over STR insurance in every state.

A lot of CA investors go out of state to start because it's more cost effective and lower price points, look into markets like Detroit, Kansas City, St.

If he makes the pit smaller and install the new pump, then he would guarantee it for one year.This property is in mid-west and I am out of state, so I can't really do it myself.What I am not sure is even if we make the pit smaller per his quote below: Would that solve the failure of the ejector pump?

In Texas is a big deal.Homestead has other benefits but those depends on the state too.