I have recently been running into the issue of having investors go out to a deal with interest and then talking themselves out of the deal on the way home.If you have run into this issue before as well and have overcome it, what are some good strategies to secure the deal before leaving the driveway? 

The issue is that there are pockets of restrictions all around Lake Hamilton so it would pay to have a local agent right away who is familiar with the STR market around there.Hot Springs National Park has around 2m visitors a year so that will be a big draw.Crime is on the higher side vs other areas of the country, but that is pure statistics.

That was not a great answer to your actual question, but those are the big issues with vac efficiency out side of the unit and the duct work itself.  

Unfortunately mine are note based and specific to our asset class and brand, otherwise I would have no issues sharing

(I like to use "families" because it attaches an emotion to the question.

If you get a restoration company to come in and get all the issues remediated, and they sign off on it, then I don't see how you could be liable if something happened in the future as a result of the fire damage. 

Based on what you have said here, it seems like your A/C damaged them, and asking for payment to be made whole seems righteous.If you pay, talk to an attorney to make sure its a one time shot, and that one payment settles the issue 100% forever, so they will not come back for more later.Good Luck!

You just have to view risk tolerance; and in my opinion with todays world and how it's going, quality over quantity, more cash on hand.3) I'll add a third, as for tax advantages and legal issues arising with fully paid off.

Since we are local to our market it is not an issue, however to beat this you could get a Google Voice with a local number that forwards to your phone for free.You will need some sort of boots on the ground anyways so using your contracted cleaner, handyman, or a neighbor or Realtor etc will all work, but me personally I would want the call to come to me so I can figure the best person to call.

Most investors I come across switch funding sources because of qualifying issues related to DTI.