@Ryan Rollinsscreen hard, document everything, and treat it like a business from day one.Set clear expectations with tenants, build a small reserve fund, and learn your local landlord tenant laws early.

I assume some state laws require you have a real estate agent in order to close on a house/investment property.

I’m based in San Antonio, TX—definitely a solid market for cash flow with a good balance of appreciation and landlord-friendly laws.

@Brody Ray-don't wholesale - it's not easy, it takes capital, and many states are passing laws making it more difficult-be frugal and save up as much money as you can-talk to a lender to find out how much you'd need to house hack. 

Real Estate Law you can gain this knowledge through textbooks, or college or licensing courses, 

I would recommend getting educated through local meetups and learn the local laws.#4: I would recommend self managing so you know what’s involved in managing the property.

I would assume it would.Also, have you spoken with VRBO and AirBNB about this law and why they aren't making sure potential guests follow it by collecting said info?

She runs a Facebook group as well keeping people up to date on laws and suggested legislation regarding AirBnB.

The first thing I would do is check the laws in your area regarding the eviction process & how long it would take. 

A contract for deed THEORETICALLY works differently, in that since the warranty deed is NOT recorded there’s no need for formal foreclosure - but in the last 20 years various states have passed laws and or regulations providing contract buyers with greater protections that may necessitate foreclosure or “foreclosure like” proceeding in order to gain “ownership”.