I'm not risking bringing someone else's parasites, pet dander (or worse), odors, or bodily fluids into my nice vacation rental.

@Bob Malecki I’m new at Note Investing (I would have ended up here anyway as I don’t like any other aspects of RE and I do sub prime auto lending) but you’ve been doing this a long time, is this a natural business cycle we just have to wait out?

You need to be able to document the improvements with receipts.There could be a "gift" aspect to this, too. 

I think I can help you out in some aspects.

I have seen incentives work more often than not in other aspects of my life too!

So she should work to find partners in all aspects - lenders, inspectors, surveyors, etc. 

This might help you zero in on what aspect of REI most interests you.

Another aspect which mitigate some of this risk is to really understand the contract language.

I am comfortable with the construction aspect, but working on strengthening my business knowledge such as taxes, arv's, etc.Thanks Cody.

They could reduce all title aspects, and then you'd pay a title company those fees.