I just purchased my Pro membership and am trying to use the Bigger Pocket Calculators. 

It's all possible with real estate if you leverage time and let renters pay your mortgages and expenses.I'd suggest listening to a lot of Bigger Pockets podcasts and reading some books. 

Your insurance should cover the loss.

With Turnkey, the provider is the PM, so it's all built in.The upside to the DIY method is that, if you're good at it and/or get lucky, you might end up with a bigger share of the profits.

I’m really confident in my business but I really would appreciate any advice or help which is why I have come to bigger pockets. 

@Ron LeonciniWelcome to Bigger Pockets.

Your bigger concern is if there is a 1st mtg in front of you, and for how much.

Hello, bigger pockets community.

But it takes much longer to start with a small project and end up with a bigger one if you go down the slippy slope route.

You can't ask the lender to take a loss in a short sale, so that the original owner gets the benefit of "repurchasing" their own short sale later down the road at current market value.