But I'm confused/curious as to why this Electrical Contr is so willing to burn bridges over couple of grand, is he just stupid?

You want one with plenty of room to land and turn around while another plane takes off.

Assuming you're in the Charlotte market, there should be plenty of room to generate cash flow and subsidize your new primary mortgage. 

I also have a realtor looking for short term rentals at Grand Lake, Oklahoma, where I have my vacation home, and I have a realtor friend licensed in Missouri and Arkansas whom I'm going to contact to look in Joplin, Missouri and Bella Vista, Arkansas.

So front door, entryway, usually living room or open flow shot and then go room to room on the first floor.

I always take pictures of every room when the tenant takes possession. 

To maximize the living space, we worked closely with the city to create egress window codes, allowing us to add an additional bedroom, a beautifully finished bathroom, and a family room in the basement.

Purchase price: $515,000 My vacation home on Grand Lake What made you interested in investing in this type of deal?

Reasonable prices, lots of room for STR growth. 

HI Pinny,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.