Some will dangle out-of-market offers in a term sheet, then ask for substantial sums of money right away.

However, it doesn't read like that has been substantial.  

This has freed up my income substantially from where I was working previously.

I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.

If a sponsor is touting a 7.3 entry cap in a 6.4 cap market, I'd be digging really deep into how that 7.3 was calculated, and how that 6.4 was substantiated. 

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

Once entitled( with it is)I can now sell the land I bought for 55k for several hundred dollars and if a get building permits  I can sell for substantially  higher.

I do understand that not partnering pushes back your timeline substantially...I'm in the slow and steady wins the race and stay small, own it all camp, though. 

In fact, I would estimate that it is mostly upper middle-class folks that have the money and wherewithal to go through the vacation rental process - prepayment of substantial monies, etc.If you only have one property, I would just stick with Venmo, CashApp, or Paypal.

There can also be substantial tax benefits if structured properly.