What made you interested in investing in this type of deal?

I’m not a betting man.

Became very unresponsive very quickly, did not complete agreed upon work, made false claims about capacity and what they would do, etc.

Quote from @JD Martin: My long term rentals may be boring but they've made fantastic returns.

Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

However they made it clear that unless we would pay them something unreasonable, they weren’t leaving without a fight.

For the reasons stated above, it made sense not to advertise the loft as a bedroom because there's no door and considerably less privacy (we do have egress via large windows).

Hey my man, I'm also a relatively new real estate investor.