Off-Market: I was working for a storage facility and the owner needed help removing his stuff because he was moving How did you finance this deal?

We also need to add in escrowed taxes and insurance to the new terms, as previously the buyers were responsible for paying them, but we’ve recently had to take that over.Context:Subject property is a mobile home on land in the state of FL that is owner occupied by the family who purchased it from our LLC.

Summary;  95% of all pre forclosure owners refuse to even talk about selling inspite of the empending auction. 

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

The second lot had the remnants of a tennis court the original owner had built, but was now in disrepair.  

Central A/C is damaged beyond repair and needed to be replaced, which can't be done economically or with coopperation of the HOA and other neiighboring owners.

Is STR insurance different from home owner insurance?

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

There are a lot of people that are wanting to owner occupy, which has driven greater demand for these properties.