FWIW, resort properties routinely use the "CC on file" method for future charges based on a rental contract.

Look for the major Private Equity/REIT players to announce BIG Residential REO take downs over the next few months.

Jon- yes. many of the parks or resorts that are 55 and over, also have a waiver for up to 20% for younger residents.

I soon learned that in order for a neighborhood to be revitalized, eventually all of the players - residents, businesses and ESPECIALLY the local government - will need to be on board.IMO, you can tackle this from two angles:Pull together the local government, businesses and Investors (don't try and go this alone.

I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designations.

I did a quick search on a mortgage forum I belong to for HELOCS and both TD and US bank showed up as players.

Do we really want the government intervening in the market and favoring some players over others?

As a result, this could be a near term boom for the local real estate market because of the investment and consumption dollars being spent at the resort.

Trying not to get caught up in analysis paralysis, but feel I would be better situated to go through a deal with minimal risk if I have my players in place.

It shows what lack of experience the players on the show have.