I'm a first-time investor (already own a primary residence condo), and while I realize that getting great rentals would require buying off-market or doing some kind of value add (flipping) I'm buying off the MLS as a means to simply get started. 

We simply redirect their attention to a better product and value for their $Sales 101

The seller simply has a note against your property, just like a normal mortgage company would.

Fast forward a little more and she simply cannot find a place to go to.

It is simply not wanting to deal with the property management because they are terrible and wanting to deploy the capital in a different fashion. 

Also check if the property is in an hoa for possible dues you may inherit, current/past due property taxes, etc.In addition I suggest U simply attend one to get the lay of the land.. see who the players are  how its functions etc.. most jurisdictions have their set rules they follow and are unique to that county..  

I was simply trying to wrap my head around the entire process of registering my AirBnB/Vrbo adequately, according to the State's new STR guidelines. https://www.airbnb.com/help/ar...  

Its traditionally easier if you end up with a lead on a wholesale type property to instead simply represent the buyer you bring to the transaction. 

However, from a logical aspect, simply calculate take home return on equity.

the other strategies are simply schemes to make brokerage fee's but call it something else.