Second, if you're ever in doubt about a loan like this, look to see if the contract includes "underwriting fees" or anything of that nature.

And…That activity included hosting a local meet-up.It’s incredible that such a high percentage of his investment dollars were coming from that one city and it shows the power of being active in the local community and the power of hosting a regular meet-up.Have you thought about hosting your own meetup?

@Dylan PetersenIt depends on what is the nature of the compensation... 

Again, I certainly agree that paying the Freddie Mac fee should not be regular practice, but I definitely would not dismiss it just because I was in accumulation mode.   

I know in parts of the country were they have to rely on title abstractors to physically go to the court house that takes time.. and what I see taking the most time in the big back east cities we work in.. is trying to figure out the UTL bills.. in our markets here other than the city of Portland the Bills did not attach to the property.. so it was not a worry.. it was just figuring out Lien positions and regular tax's and any other Liens that maybe on the property like IRS etc..   

Also, living in DC, I could make regular weekend trips over if need be (at least to start off).

As long as you have extra reserves given the volatile nature of the world right now, I would continue to invest.

A Ski Chalet in Utah that attracts vacationers in the winter might only be 30% occupancy but regular day to day Airbnbs are 45-50% for people who people don't know what they are doing or upwards of 80% for professionals.

I also had a renter that received the $1,200 stimulus and $600 extra a week on top of her regular unemployment.

I regularly drive for dollars now to find deals but I'm still uncertain about some things.