They post their rooms on the normal hotel, discount site, etc.

And, FMV on 1/6/25 is not FMV today because now you don't have a lot in an established neighborhood, you have a lot in a disaster area which comes with the challenges I listed above.We built about three dozen "fire lot" homes after our fire--all lots acquired off MLS or from owners that came to us (we didn't market for lots), and not at a price that anyone would call a "discount". 

Thanks for setting him straight, Brian.

Whenever I have used seller financing as a buyer I always put in the note that the note holder must give me the first right of refusal to purchase my note at the same discount they are selling it at.

Initial Equity: The discount you achieve when buying below market value.

When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

if there's no major rehab, it usually means you can't buy it at a deep enough discount for a BRRRR to work. 

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

All the responses I sent went straight to their spam folder and they never looked.