I assume that with the overage from the renovation, it probably ate into any extra contingency fund?

We also commit to going to our STR every 4-6 weeks and checking in, it is an extra cost but has bore fruit for us.

If I sold, I could be debt-free and have extra money each month to invest elsewhere.

This approach works well for wholesalers who sell deals to flippers, and flippers or realtors can benefit even more by taking the extra step to generate their own off-market leads.No one said methods like cold calling, direct mail, or Facebook/Google ads won’t help a realtor find off-market opportunities.Just a friendly thought, especially given the high costs associated with Zillow leads.

This market calls for patience and perhaps a little extra negotiation savvy, but for those who lean in, it’s packed with potential.Sellers, hang tight!

Basically my Seller just needed $6K more because a Buyer's Agent wanted to get paid an extra $2K. 

The difficulty is in collecting current rental data of actual rents.

Like if would be the same thing as then paying us monthly and we just have extra assurance that the money is there?

So if he finishes X days earlier, than you pay him an extra $X.

We calculated the collateral value of each property, and told him we would be willing to do a release based on (1) a payoff of our estimate of that properties collateral value PLUS (2) a extra fee (profit) to us of $50,000.