Because DEMAND drives prices;I've watched & Participated in the marketplace here.I practice what I preach.Borrow $$ 4 2 things & 2 things ONLY;A-Your primary residence, &B-to make MORE money than the Interest on that which You borrow.4-for the folks stuck in the "stinking thinking"(eg:how mich Bigger of a "schmuck" than me will the next guy have 2B?)

Quote from @James Parla: Here's a good article about qualifications: https://www.eisneramper.com/ta...There are some legal cases at the end for practical application. 

.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.#6 Get Your First Rehab ProjectYou can practice all you want, but ultimately you will learn the most about estimating rehab costs by actually rehabbing a house.

It is a best practice to establish an internal view of a property’s value before placing an offer.

This leaves the Landlord stuck missing the rent (or deposit, depending on what you did with the last month of rent) and a tenant that failed to leave and you are one month behind on your eviction process.Best practice: do not apply the deposit to rent.

You might want to practice with a couple of friends to see if it runs smoothly. 

Based on the questions you're asking, it's safe to assume you don't understand the contract form, negotiation process, values, repair costs, assignment form, state laws concerning practicing real estate, etc.

A more experienced investor can usually estimate repairs without consulting licensed technicians, but it takes practice.

Loopnet, Crexi, and building relationships with brokers are all good practice.

Lucie, it's also important to think about the practicalities of managing a vacation rental property.