Purchase price: $175,000 Cash invested: $34,000 Sale price: $750,000 Single family Vacation rental direct sail boat access.

Once fully satisfied, the split becomes 50/50.When accessing this deal, here’s what went through my mind:A PMP would have to be okay with holding their funds long-termThe borrower would need to be experienced with doing wraps, as it takes time to get willing and able buyerThe borrower would need experience in pivoting to a different exit strategy should they fail to successfully execute a wrapWith NO EQUITY on the property originally, and the PMP being in second position, the borrower would likely need to cross-collateralize if the PMP has NO INTEREST in taking over the propertyMy conclusion, from looking at this from a thoroughly analytical standpoint, would be only someone who has a moderate to high risk tolerance and cares about cash flow without pulling out and parking their money into numerous deals would likely lend on this.Anyways, thoughts anyone?

Lower taxes, no city headache, still close to the university, and still have access to the great schools in Ann Arbor.

A good income wouldn't be as sweet with no access to good debt. 

Existing tenants claim that they are generally happy with the property and don't have any complaints or repairs that they've requested and they've just renewed their lease 2 months ago.What I like about Hemlane- Cost: Even at the most expensive package offering for full repair coordination and access to a network of service pros, its still cheaper than the property management companies I've spoken with.

Based on the figures you gave, you have about $85k of equity in this property, and could have access to as much as $80k of that. 

Unfortunately, it is just difficult to find sold comps without having access to the MLS.

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I think if you did this I would just give pool and hot tub access to the people in the main house to alleviate any confusion. 

So getting access to those projects that are mostly cosmetic and the project costs are less than 70% ARV.