Hey @J Sims - welcome to BP, you've come to the right place!

Here in Oregon I met with a few title agents, explained to them exactly how I would be purchasing properties (auction, short sale, etc...) and informed them that if I was to purchase at auction then I would need a pre-lim first.

@Warren Lim No you may not.

@Tereak Sims be yourself and be transparent.

In addition to what @Peter Lim asked, coming back to the question of "have you confirmed that it is legal to short-term rent the property?"

Hey @Lori Sims, I second @Brian Gerlach's recommendation of J Scott's Book on Estmkating Rehab Costs.

@Robert Sims, I think that's enough.

Hi @Joel Arndt and @Frankie Woods, let me ponder it a bit - I relied heavily on @Ming Lim and the Volition Properties team as I was a condo owner and total noob.They have my numbers in a mini case study that maybe we can tidy up and share - as Ming said, there are only certain neighbourhoods where this makes sense.

@Shannon Sims The answer to this is wherever the business will have the best tax benefits. 

@Tereak Sims Like Mike said most of the time the buyer and seller close at different title companies.