These folks are trained and intimately familiar with the state/local statutes and all the associated loopholes. 

It is pretty stunning how that all turned.. no one is perfect in this business and we all take loss's at some point in time at least if your doing a good amount of deals..

In times like this people like me would want to learn about other real estate strategies like wholesaling that can help me gather the down payment faster.

But just make sure you invest in time and money to learn a trade.Now the questions do you want to be a:CFO?

Then use a basic Excel sheet to allocate your monthly ending cash balance or at any point in time across taxes, CapEx, reserves, etc, effectively creating a zero-based cash budget.

This totally ignores the seller that lists a property under market (on purpose or by lack of knowledge.) and accepts the first offer.

Less work to manage one.I heard a respected STR person say if she could go back in time, she would have less small properties and would have owned less properties, but bigger nicer properties. 

If you don't know the Tampa market intimately don't try to flip here.

It never hurts since it's your current primary residence.im not intimately familiar with the Denver market.

Looking to diversify my long term rental portfolio with some STRs in the Gulf Shores/Orange Beach area but I fully admit I'm short the knowledge in that space.