I’m bringing a portfolio of STR clients with me and am an experienced property manager ready with all the channel management software and integrations running and wrenches already worked out, ready to build new listings and find clients for this agency.

I can send you a list of contacts in Ohio to help you build your team, property manager.

Were you listed first with your SS#?

Not a red flag, usually this means the owner didn't have the property for very long, or are just lazy.I would try to squeeze the agent to ask if the seller can provide a list of improvements made on the property over their ownership if any.

Participate in due diligence or operations.We require our partners to do more than bring capital  EMD (or capital at risk) and participation in DD are two of the most common - could be walking units - could be market research - secret shopping similar properties in the area - reviewing the UW etc etc  Yes be careful  Do it right.

There is ONE takeaway from my post.STOP feeding each other or propagating the idea that you need to cold call, bandit sign, DMM, SMS, or use lists, to get deals. 

Lastly when you go shopping Be darn sure not to get sucked into fake lenders and spend a bunch of money up front for loans that never appear..

Shop around it can likely be done around $80k.

I really don't know how much the bids are going for nor is the listing agent legally bound to let me know the honest offers received so far.Any help would be appreciated!

I haven't shopped around yet, but I imagine an umbrella policy for the pool would increase costs.I do have a smallish home maintenance fund saved of about $20,000 so could sustain any unforseen expenses for a tiny bit.