To get into a property cheap enough to be able to exit with a healthy profit you will need market exposure and connections that can really only be achieved by someone in the game full time.

Because of the development in the space the last 5-7 years, many people's first exposure to vacation rentals is through Airbnb.

Because of the Bar & Habitational exposures, it may end up going through the Excess/Surplus Lines (Lloyds of London or similar). 

Most of my loans have started with a regional credit union and only 25% of them or so were sold so my exposure to the instance you are describing is only in regards to the insurance issue.

So inessence, they get answered without being asked, so as an owner it is good to know the questions in order to know what to listen for.I also agree GC's don't have to perform all the tasks - but it is important to know which ones they do (for lien exposure). 

It may let you place two bets on two different neighborhoods.A number of years ago, early in my career, I passed on a large duplex (4br each) because the rent on either would have represented too much monthly exposure if I had a vacancy. 

Hey everyone - in an attempt to get a bit more exposure to the site, we've tried to promote our Property Analysis Tool using the popular site, Digg.com.

You really have a "commercial" exposure that merits you securing evidence of liability insurance at minimum from your new tenants.

By having one property to a LLC, your exposure is really just the amount of equity in the property. 

This might substantially increase or decrease my savings potential.The one thing that has helped me the most is exposure to different aspects of the businesses (construction,, realtors etc...).