The best way to deal with these things is to create policies you go by and will only bend under extreme circumstances (this is true for almost everything business, as The E-Myth discusses very well).

Hello BP,Inquiring for true Private Money Lenders for a fix and flip project in Houston, TX.I’d like to connect to provide more information about myself and the project.

While this is true, I think most people forget there are two components to refinance.

At the beginning, if you have nothing to work with - which is just about true if you *can't* pay all cash for a property (and I'm not saying you *should* pay all cash, just that you don't have the resources to do it), you should expect your returns to be paltry. 

As a local manager we don't come across true squatters very often. 

Is this true? 

I know no other industry where this is more true than property management. 

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

It's true that you can do a longer contract and most wholesalers do but also most wholesalers fudge the numbers and make the ARV much higher than what it's actually worth or the rehab cost is way too low.

basically if its TRUE RV there needs to be on site manager to collect payment when they roll in for the night and most RV parks also have amenities that need tending