Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing). 

You said in your post  "If the notice was delivered by mail then the notice period begins when the Tenant actually receives the notice."

I'd pass OR get it at a no brainer price which we are actually able too in some instances, even if it's listed.

Besides putting together the best SOW using accurate/actual quotes as @Peter Mckernan and @Alan Asriants commented above, another key aspect is tracking expenses (bookkeeping) and monitoring the budget throughout the project. 

We actually have our main meeting coming up on January 14 and a county meetup in Clermont the following week .

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

The agreement specifically allowed KeyGlee to use the End Buyer's EMD to secure the underlying contract with the actual seller... and to forfeit that EMD if the End Buyer failed to close.

My wife actually is somewhat open to the idea of investing in Japan though.

It’s more the actual “how-to” or structuring it into the process I’m in, as I mentioned.