That’s IF the lender decides NOT to pursue a strategy of bankrupting the borrower by filing a ton of paperwork, motions, requests for information, etc.  

He set it into motion. 

However, a court lawyer assisted the non-paying tenant in filing a "motion to allow late answer and discovery" and accused me of retaliation because they reported me to code enforcement.

So the profit is estimated to be around 130k to 190k for an investment of 1.14 million which creates about a 12 - 17% cash on cash return.Lastly, here is a pictures of the 3rd and final property that I will be buying with another 6 investors.   

We eat the first one, thy get a picture of all the glory the plumber pulled out and the second time they get billed.

Hopefully we get some better virtual furniture in listing pictures lol

It didnt.This demolition work was not worth 1k when I had gotten there to see it first hand, as he refused and 'forgot' to send me pictures. 

Very much agree with the big-picture national rent forecast Scott provided here.

The seller can supply everything they used to market, pictures, ad copy, etc., but they cannot sell their AirBnB account to another person.

Often the hard money lenders that appear to offer the best leverage actually require more cash when looking at the entire picture.