Since many, many people never follow through and perform or produce, I don't find it at all surprising that a legitimate dealmaker would want you to have some skin in the game.

The bank can fix this by producing the POA, but if they do not have a reason to do this they won't, so they need to do it when they are trying to sell the property, not in 10 years when I am trying to sell it. 

Or you can produce maple syrup or prove your fruit trees are ag in some way, you can achieve reduced taxes.

Originally posted by @Bruce Woodruff:It is not that easy to produce a great looking paint job.

My time is invested identifying the areas and properties that are both eligible for a vacation rental permit license and likely to produce investable rental revenue, but beyond negotiating and supporting the transaction, is the facilitation, transition and optimization to an active vacation rental.Here are some key points for out of state investors of nightly vacation rentals to consider that are just as essential to success as the 'right' property:- The RIGHT People  Operating an AirBnB or mini hotel is hard work and it takes a tribe.

The outcome is that I have fantastic tenants, and a cashflow producing property that has helped propel me in my investing journey.

By my count, that's probably close to $1,000,000 in non income/cash flow producing debt. 

@Chris Schoonhoven, Columbus Ohio is a great RE market.Speaking of Hilltop, you need to find the sweet spot, I own duplex there and is one of my favorite, not really in Westgate, but that particular block is nice with home owners who take care of their properties, purchasing price is low, tenants there are low-income working class, I did serious tenants screening, and am very happy with the ones I have, it produce the most profit out of all my investments.

Keep in mind Americans are consumers, not producers.

Only funds placed into an OZ within 180 days of the sale that produced a capital gain are eligible for the OZ tax benefits.