Do you happen to have long term % of gross rent of combined maintenance/repairs/turnover costs/CapEx  ?   

My plan is to set up a syndication fund with Canadian (and U.S) investors to purchase short-term rental properties in the Puerto Vallarta and Rivera Nayarit area (which is booming).

A lot of wholesalers are in the business of short term transactional deals where they can make $10k here and then never speak to the buyer again.

Normally the escrow agent will want mutual sign off even if its clear the contract terms indicate one party should be awarded the escrow funds.

Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).

I know it’s going to take a lot of digging and possibly building my own pipeline for off-market leads to make this strategy viable long-term.

In terms of the areas, you will be best served driving it.

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

If their lease date is far from being over, I suggest letting them know that they have violated lease terms under section x (whatever part of the lease they violated) and that the lease will be terminated in 30 days.

I am wanting to get into fix and flips and eventually long term rentals.