We had hoped to rent our house for short-term or mid-term stays.

I was unfortunately caught up in this scam and I hope that I can help others avoid the loss of money and the unfortunately situation that I was in.I lost $5,000.  

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

Hope this helps!

That's just my two cents, so I hope some of that helped somewhat.

I hope the honesty in this post has given you some things to think about and I wish you the best of luck in your real estate journey.

I know a lot of things can go wrong and I can lose money.

I hope you have a lot of cash available to cover the FTC fines. 

If the purchase is done in cash, as you mentioned, they’d have more flexibility, but they’ll still want to carefully consider the tax and legal implications of the subsequent sales.I hope this helps, and good luck with your client’s deal!

Thank you so much hope to hear some feed back !