My investor buyer gave me the assignment agreement he wanted to use and went on to complete title and close.I had just seen the biggest payday I had ever had and I was able to get a seller out a bad situation by preventing her foreclosure.

Will you just provide the money and then wait for your payday, or will you take a more active role in the rehab like participating in design decisions?)

Won't happen again, payday is Friday."

Look at Scott Tucker from the payday loan scandal on American Greed and Dirty Money on Netflix. 

We were only into the deal for $128K (85K purchase + 1K closing + 42K rehab), so we received all the money we had put in, plus a small payday.

Dreams of starting with nothing, spending no time working on your business and having fat paydays are just that - dreams.

The correct answer is then to rework (Airbnb) or sell this money losing business and move on.But no, everyone has instead convinced him that he is a brilliant “investor for appreciation” and he is going to hit a million dollar pay day! 

Not bad a bad payday but I’d like to keep mine as a long term rental.

First, from your telling of the story, these tenants are trying for an unearned payday. 

I’m literally stretching my last dollar till next payday.