Just curious, how did you get a 9-unit under contract without a pre-approval or proof of funds?

I have to think a ski town is all about STR  not the opposite

I have received two offers some time ago from my current credit card provider for a 0% APR direct-deposit (for 1 year).

Access to capital at reasonable rates IE from a Bank not a HML or PML this is also a big deal  HML / PML is generally 14 to 18% apr on your projects..

If the person managing the synidation does not have a pre-2007/2008 track record, that is not one I would get involved in.

These often include a preferred return for the investors and then a pre-determined cash flow distribution schedule between the sponsor and investors that includes the cash flow distribution waterfall based on either the IRR or EMx and possibly a GP Promote. 

., embedding a link to a ski shuttle schedule) or setting expectations (e.g., noting that there’s no A/C, which is an rare amenity in our climate anyway).

@Timothy BlackmanI'm in the process of getting a pre-qualification.

They are getting booked for around $75-100 per night in southern Vermont with proximity to ski resorts and lakes.

.- Prompt & transparent communications -> very poor, e.g. in Apr 2024 I was informed the property had been foreclosed in Dec 2023. - Lead operator in the deals -> well not really.