Their claim is that 72% of the loans nationwide are completed in 7 days with the remainder of the 28% taking 15-21 days.Keep in mind this 72% is probably really smooth files such as 740+ fico, primary occupant, W2 salary only income, long stable history for employment, income, and residency.I know you're probably thinking shoot if I can close in 8 days I might be able to compete with cash investors on properties right?

To run you through the numbers, we purchased the property for $115,450 and had to pay $8,565 in closing costs (or just under 7.5% of the total purchase price).As for the rehab, everything went relatively smooth.

It wasn’t a go and show though, I was always there to show the unit just to make sure everything went smoothly, but it sounds you have a good amount of options here!

By ensuring I had the financial means to pay this expense in a worst case scenario, it allowed me to dip into real estate investing while limiting the stress I would be placing on myself if things did not go smoothly.

Nothing is ever going to go 100% smoothly over time, but you want to make sure that any turnkey provider you are consider working with, can really live up to what they promise.  

Went very smooth.

For example, my team specializes in the Colorado STR market and we help buyers every step of the way from finding the right cash flowing house to setting up, finding cleaners, handymen, and launching your Airbnb. 1/3 of our buyers are out of state so we really try to make it as easy and smooth as possible! 

I would like to get better at making the transaction go as smoothly as possible and was looking for some feedback from those who have invested out of state before.

If you want a more condensed version on learning about getting your STR running as smooth as possible read the Short Term Rental Long Term Wealth book published by BP and written by @Avery Carl. 

While you are instead trying to get serious solutions to serious problems instead of trying to smooth everything over with cute emojis.