I could also potentially live on the property and turn my current home into a STR, but that’s not in the immediate plans.  

It's far harder to qualify for conventional loans if you're a business owner or self-employed and that equals opportunity.When I look at doing a potential owner finance deal the most important thing for me is skin in the game. 

You must get rid of it or you will have potential liability down the road.

-For instance, if you don't follow legal timelines, you can be fined treble damages:(The other potential issue is being able to PROVE to a judge that the tenant caused the damages you charge them for. - So, where is the tenant's MoveIn Checklist? 

I am looking for insurance to adequately cover my liability as a potential STR as this is not my primary property.

I don't make much money from a tax return stand point but I don't think it'd affect my DTI since I'd be using potential income and I don't have debt.

In today's real estate market, several effective investment strategies include:Buy and Hold: Acquire properties for long-term rental income and potential appreciation.

We find (I work for Carrot) that the Our Company page is one of the top visited pages across all of our members' sites.Adding a picture of you, your team, or your family can go a long way in showing your potential leads that you are a real person.

Analyze deals to determine potential profitability, using tools like the BiggerPockets Rental Property Calculator.

I'm about to start calling contractors to see if I can get them to do a walk through of a potential deal I'm looking at doing. is there anything I should have for the contract?