I spoke to my lender and below are some of the takeawaysMin. 3.5% down 1.75 % mortgage insurance premium baked into mortgageGet appraisal based on the SOW (scope of work)Estimate the ARV Close on purchase Renovations will be done after closurebids for the rehab work need to be in prior to the appraiser inspecting the property so she can include those bids in the value of the home.

My favorites are:The Best Ever Apartment Syndication Book (Joe Fairless/Theo Hicks) The ABCs of Real Estate Investing (Ken McElroy) - PS new 2020 edition came out this year

The 1031 Exchange is also a tax revenue raiser (contrary to what many politicians believe) because each 1031 Exchange creates at least two real estate commissions, two title insurance premiums, two escrow/closing attorney fees, two inspections, etc., all of whom pay income taxes on their revenue and fees. 

I charge up to $600/night I want to know that a mellinial or grandma can turn on a football game or the evening news without calling me and if they have no online premium accounts of their own.Or I want to pay for an online account to give guests a cable tv experience.

And there are a few companies (very, very few) who penalize their loan officers for loans that sell to fast because as correspondent lenders they may have to repay their premium.

@Sebastian Marroquin (sorry for the typos, can’t edit my post 😅)

Also state that if a resident does not use the parking space for 30 consecutive days, they may lose their parking space and it can be assigned to someone else.If parking is at that much of a premium, you should consider charging extra for spaces.

Christine Hrib Karpinski's "How to Rent Vacation properties by owner" is encyclopedic, but even "third edition" is pretty old. 

You're right Patricia, much better for him to bear the cost in money, time and aggravation then taking the relatively simple step of filing a claim with the company that accepted a premium in return for issuing insurance for this matter. 

"Risk premium" being the fancy finance term for it - "how much more must I pay for this home b/c I am viewed as higher risk?"