However I have great units and we provide excellent customer service so I generally have little turnover.

The property is gated so many rent out all 12 bedrooms and bathrooms for parties, retreats, anniversaries, team meetings and special celebrations.It's private and perfect for those who want privacy when they need it and company when they want it.It has appreciated and is now worth at least 3 million and we are looking for funding to refinance and share the profits with our investors.

Sometimes it can be better than a bank, private lender or hard money.

Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

We use a custom lease that has evolved over more than a decade to protect us and the property owners.

These covenants are private agreements put in place by the developer or builder.

You would want to find a private money partner for this who wants in on the deal.

Many companies will be lazy/cut costs after they have a large enough customer base.Currently Dataskip.io is the best. 

They want to be paid 5 figures or more but can’t be bothered to learn more than their customer. 

There were issues syncing the reservation calendar, and it is nearly impossible to reach a customer support representative with Booking.com as an individual STR owner.