I read a book can’t remember the name that said something similar.

It can be whatever you two agree to.Could be amortized, maybe that's the expected.Could be simple interest, say, a single interest payment each year based on the balance on Dec 31.Could be a hybrid like no interest the first X years, then amortized after that (and pay down as much as you can those first X years)Just remember to find out what they want and give them that.

Have the owner file for the STR license, but remember the trick here is he has to have a homestead exemption on that property.

So when you find this older successful mentor remember to actually listen to them and do what they say and don't burn the bridge when you get fed up and want to branch out on your own.

Just remember: most negative reviews are written by problematic tenants.

Remember every click you see is from a person that did NOT YET fill in the form.

He reckons it was the first time he ever remembered wondering how a life could have negative value.If a life could have a negative value, it serves to reason a property could as well.

I know that I can ask and they would tell me, but I'm not sure I would remember the property unless I told the seller I would call back after the initial conversation. 

Remember this does not include closing costs though.

I remember when I started out, wholesaling.I had no money either.