I'm looking for some advice on 2  deals that I have available to me.

The bottom line is what people look at to compare costs between one property and the next.

Are you planning on living in the single family?

Determine ahead of time what rehab you plan on doing for every property. 

He compares it to jumping on a dock from a boat.

If your servicer is on the cheapest plan available they typically are on "autopilot", these types of oversights can happen—and the financial impact adds up fast across a portfolio.Here’s the real takeaway: even if you’re outsourcing loan servicing, you still need to manage the servicer.

For example, last year we bought an STR on the beach.

My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

Generally speaking, it is recommended to hire a local attorney to represent you and to also draft the purchase and sales agreement.The attorney can also search the court docket to see if there are or have been any recent lawsuits against the business, and/or owners. 

Maybe get a few opinions from roofing contractors on how much more life your current roof has and if there is a relatively inexpensive patch job that can be done to take care of any areas of concern while you save up.