Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?

Would be a pleasure to learn from your experiences, your insights into the market, and enjoy a meal with a new colleague.Thank you!

Quote from @Andres Triveno: If its as easy as just getting umbrella insurance why do I see so many single family homes with an LLC registered as the owner?

The higher you go in price, the ratios get too hard to make it work without leaving as much money in the deal as you would a standard down payment.

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds

Looking to meet other investors in the East Valley.  

Hello, I am an investor focusing in coliving/padsplit model in the Austin metro area.

Aha it seems like every time I sell one of mine its the time.

My wife and I used to do flips in this area, and I have a couple listings along with long term rentals I manage in the area..For the co-host, they typically do not handle permitting and other items like that (this can be agreed upon between you and the co-host.