Are you trying to negotiate the lowest price possible to ensure that it produces cash flow today?

However, it's important to remember that there are often local laws and regulations that govern short-term rentals, and it's the responsibility of hosts to ensure that they are in compliance with these rules.As the popularity of short-term rentals continues to grow, it's likely that we will see more efforts to regulate and enforce compliance in this market.

Also, it's the PM's job to ensure that everything is running smoothly and he's being paid for it.

While vetting contractors I want to ensure that I will have a weekly facetime call to be updated on progress. 

Don’t expect it to be pennies as they’re taking the liability within City records for project and will want to ensure they see no problems with what you’ve drawn. 

I just did a good bit of learning on wholesaling contracts and don't fully understand something - If a property has a lien on it and the sale price in a purchase and sale agreement is more than enough to cover it for the seller, how do you ensure the seller pays the lien upon them closing and receiving their payment? 

Taking all of these into consideration will help ensure that you make an informed decision about your investment.

@Kenny SimpsonI don't agree that prepayment penalties are a trap... that sounds more like a poor broker/loan officer who didn't due their client a service and ensure that the terms of the prepayment penalty was thoroughly discussed and understood.  

I would list the property and work with the current renter to ensure the best experience for both current and new renter while showing. 

I used to fund a pretty big buyer in the Orlando market.. and his wholesaler was a big player and the wholesaler was licensed .. but wholesaling is really really tough right now and these guys went from selling 20 plus properties a month to out of business. there simply is not that many distressed deals anymore in FLA... not that you cant stumble on to them.. but I have a hard time thinking anyone who does not have significant capital to pay for marketing  and proper licensing is going to be able to do anything.. its a major wives tale that wholesaling is easy and can be done with no money.. just aint so.