However, the next day, the auctioneer called me and said the guy who bought it had buyer's remorse so he offered to sell it to me for my last bid.

Proper is a big one, very comprehensive and expensive (we have this), Foremost, CBIZ are others.Many insurance companies now offer STR policies.

Jennifer, Just to make sure I'm following you, this is just a template you are using as a guide to decide on offers and what properties to pursue, correct?

Allows us to offer more services and enables my team to do more. 

I am first time investor and I placed an offer on a 5 year old SFH and the offer was accepted.

I have a lead who i offered a subto/seller finance option to. back story lead is getting a divorce and can get ~340k if listed. asked 300k if sold to me, everything updated within past 5 yrs except carpet and interior paint.

Long story short - I am positive that owner will sell it if there is offer on the table. 

I'm offering you the fish for free.

I'm nervous because I've never had a business before and I still have a full-time job as a cloud solutions architect, which I'm really passionate about - so hopefully it won't be my golden handcuffs that may prevent me to thrive as an investor and  I'm excited because of all the benefits and freedoms being a business owner offers, one of which is to connect and collaborate with forums like this and people like all of you, where I can both learn from and hopefully share later as I develop more experience. :-)

So to convey what I'm talking about imagine you did a syndication and you needed to raise 500k from investors and for the sake of an example you offered a 7% preferred return.