You need to fit within Fannie and Freddie's standards in order to apply for conventional mortgages.

@Ray Harrell I'm sure I can find an example of this somewhere on the site but since you brought it up is there any sort of standard to figure out how much you should be offering for something like this?

They are booked nearly solid, except in the winter months. 

Does anyone out there have a really solid book keeping spreadsheet/template they use on their rental properties?

I've also been reading a few business books, and have just recently started collecting real estate specific books to read over. 

It will save your pocket book and stress levels.

Here are a few reasons why you should get an inspection Building Codes If you don't know anything about building codes it's a good idea to hire an inspector who can provide a list of items that don't meet current building standards that may need to be repaired/upgraded. 

However, I thought it was an excellent reality-check for me specifically because so many of the properties or syndications I look at recently are sooo far from that standard.

I have many questions about this process but want to start with some pretty basic info, I am currently reading the book on rental property investing by Brandon Turner and its opening my eyes to a lot of sides to this process I was unaware of before. 1. 

If anyone has some good book recommendations I would appreciate it greatly also!