@Marie Copul from responses I've read my thoughts are going to be the contrarian.... 

I’m very glad to be here to read the blog &  continue learning from pros like you all!

As you discover opportunities, continue looking for the longer play!

If you can design something like that and hit those rental numbers than you're going to be very, very happy with the investment. 

You also have to be super detail-oriented, focused on continuous improvement regarding the property and guest experience, very in-touch with what it's like to be a guest at the property (and a cleaner of it as well), and focused on technological tools and opportunities. 

Go to small local/regional banks NOT national ones.

There are many other sites you can list on if you are going for Insurance Bookings but in my markets or at least for the inventory I have, it hasn't proven to bring many leads. 

I was a terrible negotiator, but I figured, anything under or at asking would be sufficient.

One of my units MAY be in an area that is going down hill, but I could absolutely be wrong.

That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month).