Feel free to share your experiences, tips, or any insights you’ve learned along the way.

On the private side, we fund in a couple of weeks.

If the deposit does not cover the charges, then you should consider whether you want to pursue collecting the unpaid balance or write it off.You did the right thing, and the tenant's behavior proves you were right.

The ones in the Facebook groups seem to be scammers. 

I was thinking of doing Airbnb arbitrage in Cincinnati but discovered that there is a restriction that the STR operator has to live within 50 miles of the property.

Focus on the skill not the business. 

I'm paid fairly quickly, at the time the assignment occurs.- go through all the above motions, but this time I don't assign the lease and option to the tenant-buyer.

Hi Myriam,Welcome to the BP forum and starting can be a little confusing but that is why we are here to help. 

It's not like people won't know that the property isn't in a flood zone; if they finance it through traditional financing then the lender would most likely require that they carry flood insurance. 

Quote from @Paul Cijunelis: The property owner fills out the form, along with their agent/PM.