So did you buy the $15,000 course? 

So even if you had a buy out agreement negotiated up front and execute that buy out agreement, the bank would still require him to be guarantor unless something drastic changed on your side financially.The best scenario here would be to purchase and rehab the property using a hard money lender or bridge lender.  

Quote from @Brandon Vukelich:If you buy a vacation rental in Hawaii, then you're tied to that location.

So, if you buy an older home it's typically much cheaper, since you're not paying much for the structure. 

If prices in Georgetown come down low enough, 100% I'm scheduling a trip and were getting on-the-buy.

2) You have one rental now, what's your goal of buying more?

Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

IF it’s that good and successful you would not need a former car salesman pressuring you to buy the course   

@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again.