Understand the relationship between cheap, inexpensive properties in crappy neighborhoods that are so attractive to new investors because of their affordability and the poor quality of tenants that such properties bring who can damage your property and stop paying rent turning your paper profits into losses.

I told her to incorporate that into the loan repaid amount, and she immediately did and asked for my ID and bank statementsNow most lenders do 80% financing with a 20% down payment, which at that point, I understand why there's an upfront cost.But if this is a 100% financing agreement, why are they asking me for anything upfront?

I almost don't understand it.

One of the tings you need to learn is that if you dont want to be a "finance person" then property management or real estate in general is not the career for you, because it it all boils down to numbers and if you think you can wing it without understanding finances then you wont make it in real estate.

Any details would help us understand how booking.com works with claims... 

I understand that I will have to disclose that I am licensed to the seller/agent/buyer.

and yes I now have a prescreening message for any tenant leads so they have a clear understanding of what i require and then ask them to do a prescreening phone call for an interview if they are really interested then they can fill ip the application form etc.  

It's always great to see people taking control of their financial future and working towards their goals.I understand how frustrating it can be to work with an agent who does not have your best interest in mind.

I understand using a PM with a LTR. 7-9% is much easier to absorb and worth the cost vs an average of 30% on a STR depending on where you buy.I am not sure about the 99% comment.

It's a great market but you really need to understand it or work with a strong team that does.