That way, when we see a certain property, we don't take forever to evaluate if the numbers work or not.The STR location if we get a beach property will be a long distance from us, so I wonder how self-managed STR is done or how challenging it would be.If you guys have great information you can share or reliable free source, would be greatly appreciated!

@Lori SullivanGenerally, expenses incurred prior to the property being put into service go towards the cost basis.   

Where are you located?

You may be able to go after the seller and at least get a judgement, even if you never collect on it.Also, you should have had an inspection prior to closing.

Tell them they pay attorney fees $7000, notary fees $400 for two people two locations, recording fees $100, any title or taxes it will slow down the desire to make changes. 

But beyond that he always closed, not contingent on finding a buyer at a higher price.To me there are but two ways to operate as a wholesaler ethically, honestly and legally (one way may require licensure depending on the state the property is located in).  

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

-The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.

I’d stand your ground and offer a peace offering (calling a tow company and getting cost to tow from that location) as a good gesture 

. - I like your rental and location I have almost bought in that neighborhood twice in the last 3 years.