They get in the door with a "cash offer" without cash.Wholesalers fail because they have the wrong why.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

From the asset protection perspective having the debt on the rentals and owning your primary in FL has some advantages that many states do not offer wish my home state had this.  

This is making it difficult finding insurance carriers willing to offer a policy.

We do allow a well-trained dog, preferably large, no puppies and no breeds not covered by our insurance (vet records showing breed, age, proof of current vaccination and any required pet license).

We didn't feel the additional protections offered were necessary at this point in time.

With lower mortgage interest rates comes increased competition so the sweet spot may be sometime towards the end of this year.That said, if you see a property you like, the best advise is to shoot your shot and submit an offer that makes sense to you and if they bite, you win and if they don't, you didn't lose.

At the end of it, they get a brand new house with lowest insurance premium and lowest maintenance cost so to them it's no brainer.

I would love to hear feedback from others that may have been in this situation or can just offer additional advice.Thank you so much!

My STR and LTR's are all schedule E.Unless you are cooking them breakfast or offering daily cleaning with a turndown service you will be on a schedule E.