Quote from @Chris Kay: @Tim Ryan nope not a contractor so definitely need to find a good one.

Would love to come, I’ll be out of town that week but the next one I will definitely try to make it! 

I know I can create a series of my own documents regarding this in Word and Excel, but am wondering if there is some kind of software package out there that handles this problem?

Now were all standing on a field with cricket bat's and starring at some wickets wondering what the hell is a wicket.....

However if you are doing it with a conventional loan, you will definitely run into underwriting issues if that is noted on the appraisal. 

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

Definitely screen properly and don’t cut corners!

Most of the one bedrooms that I have seen in the area seem to be going for 800-950 so I don't think I would have much of a problem, but I definitely want to be well informed before proceeding with this.

Hi I am a current homeowner and want to get a 2nd property for short term rental.I am wondering what would be the best course of action in terms of getting a loan for an investment property.Would you recommend getting a FHA loan or other conventional loan and living in the property for 1 year before renting it out and then renting out our current home or getting an investment loan and start to rent out the investment property?

The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC.