Ensuring the safety and security of my guests and property is of utmost importance to me.

Would you charge damages from the security deposit?

With everything pretty much being new I feel reasonably good and have somewhat of a “it’s meant to be feeling” with the original buyer struggling to get the funding together to complete, allowing me the opp to finally secure.

Additionally, I’ve secured seller financing for half of the purchase price, but I’ve been told this could complicate things further since banks typically prefer being in the first lien position.

It secures the loan with equity from the current portfolio, so providing liquidity for the down payment.

Do you believe that reviews are the main pillar for securing more reservations for a property that is already listed?

I'm also considering having them review the lender agreement forms before signing and securing the loan.

We like the safety and security and less work of the smaller portfolio with low risk.

My strategy is to use the heloc as the down payment to purchase the land and secure financing for a construction loan.

She breezed through her application, has great references and credit score, had already paid her July rent/security deposit, has insurance in place, and is set up for auto-pay going forward.Thanks for your insights!