Hi all,Wanted to keep this short but this is my comprehensive review.

You would still have a positive monthly cash flow and you could re-invest the cash in another property.This is a great overview of the steps in acquiring rental properties:http://www.biggerpockets.com/renewsblog/2013/02/22...Keep us updated Johb!

hey guys- that's a comprehensive list there, @Mike Perry.

To give you a brief overview of my situation...

Some places only sell liens in bulk to big money buyers.Get a general overview and then dig in to learn the rules of where you plan to invest.

Its the best 30K foot overview of short term rentals out there!

Operating Agreement CY2016 Formation- Name, LLC is registered in the state of STATE as a sole member for profit entity, effective DATE, as evident by STATE Secretary of State Certificate #999999.Overview- NAME, LLC currently operates a real estate division that is responsible for the acquisition of single and multifamily property for the purpose of rehab & resale, and buy & hold investing strategies.

Why anyone would enter a deal without understanding what they are going to make is beyond my comprehension.

The workshops give a decent general overview of the concepts and general plan of what someone could do to be successful in real estate investing as a beginner.

It looks like a unique opportunity with the 1 Bedroom + 1 Den + 1 Bathroom layout and a sizable balcony.The estimated income breakdown is comprehensive, and the STR approval is a plus.