@Andrew Nguyen, the contract you signed allowed them to do that?

We stayed away from anything breaks the rules....The STR we own technically in East Naples which is 100pct legal.

I just won a bid and I'm refusing to pay them until they give me legal property description and of course it was Lot number 25 in there auction not the actual lot in Cherokee Village for example so I'll be making some calls tomorrow.If these guys are selling it…..you don’t want it.

@Teri Feeney Styers the slow flip method that I think he is referring to is the one coined by Scott Jelinek which is buying a livable property using private money on a short term (typical 60 month--like a car) and immediately marking it up 2-4 times and selling it on a 30 year term using a land contract.

Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.

Their personal problem does not effect your contract in any way.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Hi @Aaron Dyson congrats on the new contract.

He adjusted his listings to highlight those features and got a contract within a week.Expand Your Reach: If ALE is slow, it might be worth simultaneously listing on Furnished Finder or working with insurance brokers.

Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.