Able to get the seller to agreed to knock down another $10g, in addition to the repairs and inspection fees.

- Management fee percentage and what that typically includes (my company seems to charge a cleaning fee separate from their management fee, which I hadn't realized)- Additional monthly expenses (my company charged $200+ for a fire extinguisher inspection?)

I'm a vendor at the NCREIA and the Charlotte meetup is a great networking event in addition to this platform.

The other idea is to hold on to it and then when the rates go down refinance, pull out equity and buy one additional property. 

I’m exploring the idea of using one of the vacation rental software systems with my Airbnbs.

I've been deliberating over the same issue (long-term rentals vs. medium-term rentals) and am inclined to invest the extra effort to manage a medium-term rental, given the appealing additional cash flow it promises.

Whether it's rental properties, hard money lending, or something else, this community have a wealth of resources and experts to help you explore.

I am open to exploring lending options from reputable institutions or negotiating favorable terms with the owner, including the possibility of owner financing.In terms of financial readiness, my wife and I, both employed off the farm, collectively earn approximately $100,000 annually.

Additionally, there have been no negative repercussions of this yet so why are you creating a problem out of nothing? 

Able to get the seller to agreed to knock down another $10g, in addition to the repairs and inspection fees.