Hey ya'll,I'm the beach bum investor, trying to protect my iPad from gathering sand in it as I search for the next deal.

Combination of 1 and 2 is the size of deal you can do.  

This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments

I have an STR condo down here, and analyze STR deals for investors daily.

What made you interested in investing in this type of deal?

Hey @Marty Howie - I have a BRRRR calculator that I built out to run deals on, but I am not sure that's what you're looking for.

NO, do one or two, then worry about a CPA, You are months and months away from even doing a deal, Get one 1st, everything else is easy 

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

That doesn't mean there aren't good deals out there, but nowhere near as many as there used to be.

Now I have to have a sitdown with this potential and try to iron it out in order to seal this deal!