And SOMETIMES it's more of an art than a science and becomes less about comps and more about what it's worth to you, do the numbers make sense, and will it appraise.

I have begun to collect and really learn more about the art of Bourbon and have taken a break from reading books about  Real Estate for a few months to reset a little and have dove head first in to the world of bourbon.  

Keep in mind he had the skills to make it happen, and he doesn't account for the cost of his time/skills.

Your response is based on your skills and personality, but I wouldn't even think of hiring an attorney or panicking over this issue.

The skill sets are not the same.

The only source for the local knowledge you need is an investment team.Also, an experienced local investment team already has the skills, processes, expertise, and resources you need to identify, validate, renovate, and manage properties, saving you time, money, and risk.Working with an investment team usually does not cost more.

And if that weren't enough, the Museum of Moving Art in Astoria usually has a fall exhibit with props from the Exorcist.

If you are against PM's than you might want to consider partnering with someone with strong decision-making skills.

The skilled wholesalers in NJ have their buyers list and won't go through the hassle of putting a property under contract that doesn't meet the criteria of the buyers on that list.

I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) converting a previously non-rental property into an STR?