. :) In an impressive way.I'm sure I'm missing something.

brandon,   I just got to see the condition of the bricks that are going through the 2nd floor, and Im impressed.

would get that impression...  

I was under the impression that we should shop rates with multiple lenders once we have a deal under contract.My friend is not as experienced with FHA 203k or renovation loans in general, though he has another guy in his office who is.

Kotschedoff - I'm impressed. 

Usually if you own less than 50% of an entity and it has a different composition than your other property it is not related.This is important because then you could sell as yourself and use the 1031 to buy the property from the LLC to complete the exchange. 

I know because I've been hosting on Airbnb for almost 4 years, so I get all the insights.My listing was high occupancy (summer months), across the street from public transit, great neighborhood, private room with private bath with jetted tub, one block from the beach, and I struggled to get $10K per year.I don't want people to get the wrong impression about how much they can make only to invest money and be disappointed.

Howdy @Bryce SablotnyFirst please provide comments in your post as to what you what help with.My overall impression is this is not a good deal.  1.34% COC ROI is terrible Return.  

It was my impression that they would have to be out by the end of the month since they declined to sign the new lease.I want to do this the right way and I would rather have a clean exit then fight them on the $200 I'm owed.If I issue a 30 day notice now, is their last day 30 days from today?

I'm on the hunt for my next flip, not impressed with MLS right now.I'm currently on Joel Cecil's list with fastandeasyhomebuying.com - Someone I work with bought a home through him and it went great!