First, doubling NOI is not an easy task unless the property you bought was VERY distressed or you're going to hold it for 15 years.Second, this idea ignores the fact that cap rates fluctuate.

It's important to comply with all legal requirements and stay updated on any changes.Remember, it's always a good idea to consult with a professional, such as a real estate attorney or property management company, to ensure you're taking all necessary steps and complying with local regulations.

The idea of looking up why the license was revoked is gold, it will give insights into what you'd be walking into. 

I wish I had people to bounce ideas off of when I started.

Yeah turkey sounds like a good idea.

I love the idea of putting in two offers.I've done some research today and found out the septic system is actually too small for the home.

If you are interested in digging deeper into any of these ideas or just want to talk real estate investing - which I always love doing - don’t hesitate to reach out. 

Just an idea but may be worth just handling all bookings through Airbnb or VRBO to add some level of protection

Even with proper screening, you still see dealing with section 8 tenants as being an action not worth the effort?

The person who wrote the course advises that I have an attorney go over all the paperwork to make sure I'm doing it properly in my state.My problem is I just got a quote from an attorney and he wants $300/hr.