I follow you closely on biggerpockets so having a seasoned vet like yourself throw in a comment is encouraging.

As the show states in every episode and in every scenario, avoidance and awareness is your best defense.If you can find where to watch the episode online The show is called The Best Defense, Season 5, episode 7.http://www.downrange.tv/blog/on-the-best-defense-r...Just my 2 cents.

I am definitely searching, but I have noticed that many seasoned investors are only interested in a new investor who is taking action.

They will usually have seasoning requirements of 6 - 12 months of continuous occupation for rentals.Is it for a recently Rehabbed property (BRRRR strategy)?  

In addition, that means that the loan has no seasoning, because lenders factor in only the time that it has been in the same name. 

Many that agreed were more seasoned investors who understood the value of mentorship.

With regard to inspections, if you have not already, you should have a list of preventative maintenance items and whether they are annual, semi-annual, seasonal, or whatever, and make it an addendum to the management agreement.

Partner with your lender ahead of time on this just in case they have some crazy seasoning or other requirements.

If you are going to roll the dice on such a property the goal might be to limit cash as much as possible into the project and have non-recourse where you can walk away with nothing lost but time in the deal but valuable experience gained.A seasoned seller will not allow this but as a seasoned buyer I also wouldn't agree to their terms on such a property.

Calculating ROI is different with vacation rentals, how are the out of season rents and expenses calculated?