These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.

Thanks, Jon I agree with Chris, look at those bills for daily use and you can show them those to give them a granular look at the items for proof of your side!  

A few items come to mind. 

As Nathan mentioned, if something needs to be replaced, you can charge for the remaining lifespan of that item.

Donating appreciated securities to a charitable organization can be a smart way to give, both for you and the charity.

It takes a little work to move your personal belongings out (paperwork, photos, special items), but it's worth it to have someone covering my mortgage and then some while I travel.

Hi John - We do have one property that will not be profitable or just about break even in 2024 due to all the unforeseen maintenance items:  pool heater, roof, pool fence, handy man over a dozen times, remodeling took 3 months instead of 3 weeks, etc. 

And given that many syndicators that offer paid mentorship cost in the 10s of thousands, I would just be very clear with each group you talk to on what you are needing versus what they actually offer.From the bits I have seen about a lot of people's mentorships (to be clear I have not gone through any), they cover market selection, basic underwriting, some marketing, basic legal compliance items.  

If they are ghosting you, start by taking photos of everything and itemize their bill. 

For example, you could offer a special deal like, “Stay two nights in August and receive a s'mores package or tickets to a local restaurant or waterpark.”You might also think about donating a week to a previous guest or a family in need.