I'm going to purchase the rehab cost guide this week but BP has already been extremely helpful.

Luckily I have good credit due to being extremely responsible with my bills, credit card payments, student loan payments, car payments etc.  

That's extremely time consuming and unscaleableB.

Don't kid yourself and think that potential tenants will be fine with a tiny 3rd bedroom and pay just as much as another unit with 3 normal sized bedrooms.

Given this review system, it would be extremely detrimental to the guest in the future if they refused to leave by the designated check-out time, although I have never heard of such a thing occurring.

If the state pulled your license, I would suggest being extremely cooperative.

It's usually something tiny like a leaky sink or wobbling mail box when she calls.

While some mistakes in this business can be extremely costly, in my limited personal experience Real Estate can also be very forgiving of mistakes, especially in the long run.Read, make friends, and listen to the Podcasts!

I tell ya though, when my mentor told me the location of the property I was a tiny bit reluctant, but my excitement to PM my first rehab without putting one dime in it made me get over it quickly - like in 2 seconds (lol).

Networking with professionals like lawyers, CPAs, Taxpreps and whatnot might get some tiny result.