Thanks to youtube videos that glorify the burn em' and churn em' mentality you are getting people who will rush through the process, hike up their fee, and look to settle for the rest of the year since they made their salary. 

With good insurance and good property management, the rest of risk should also be mitigated.So, what are you trying to protect and from what?

Does anyone have a good property manager in Baltimore City who will service an attached house in the 21206 area code?

It's not that I've never met a competent buyer's agent, it's that I believe that the service they provide doesn't match what they cost, especially in this day and age where all the neighborhood metrics, comps, etc can all be found online.In terms of getting a license, I have a day job that consumes most of my time. 

With your 42 Airbnb’s that you are cleaning, might you also be able to provide other services to the guests?

Feel free to PM me if you'd like to discuss this further.At the very least, just remember a real estate investment is only worth what it rents for.Yours in Service,Lanny

You don't need to know everything to get started; you just need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

One big thing would be to urge myself to talk to a full-service CPA firm either before or immediately upon acquiring the first rental.

Hypothetically speaking, let's say that you found a contractor that was cheaper than the rest. 

I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.