I manage the program for one so I wanted to provide good questions to ask.

Inconsistent Cash FlowUnlike traditional jobs, real estate doesn’t provide steady paychecks.

Have a baby, and gallop into the sunset (while still making calls to PM's)INTEREST:I first got interested in Real Estate Investing because of the potential financial freedom it can provide to me and my family.

Hotels are definitely not fans of STRs but it is regular people and safety officials that are pushing for these regulations. 

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

If they’re not able to assist, I also have other LAIC referrals as well that will just provide the service only.

It's an education that Harvard, Yale or Stanford can not provide and it's FREE! 

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

J Scott, one of the more respected authors/authorities on BP, provides scenarios in which wholesaling can be done legally and ethically.