@Pranav Parikh speaking from experience having had many clients set up an STR remotely - based in CA and setting one up in Nashville.First thing to do would be to contact your boots on the ground for a referral.

The sellers don’t want to return the earnest money, creating more problems.If anyone has experience with this, could you advise on legal options?

It can definitely be an invaluable learning experience and wealth building tool. 

Its best to consider your financial situation, investment goals and experience level before you make a decision.

Does anybody have any experience/knowledge in the Reno NV area? 

In my experience solar eventually becomes a burden. 

In my experience, the local banks are going to get you better rates and lower fees with their commercial loan products than the "DSCR lenders".

I have some experience in wholesale transactions, but given my licensing and current circumstances, I'm leaning towards listing distressed owners' homes instead.

I'm always ready to chat and share my investing experience, especially here in Columbus, Ohio.

Does anyone have experience transferring a rental property to an LLC from their personal name?