Our cleaner says she has another house on the lake that does Fri-Fri and fills the whole summer...unfortunately (or fortunately) there aren't a lot of other STR large lake houses around for us to comp.   

I never spent fortune to fill my warehouse with truckloads of goods, but I was buying them at the rate I could liquidate them and as long as I could liquidate them.

It sounds like the Fortune Builder mentorship program which sells for 30K but thought it was way too expensive to purchase at the time.  

Fortunately, the city has given me permission to rehabilitate the house, which I plan to use as an Airbnb.

The fortunate part is that I did 90% of the work so actual cost was only material and alot of my time.

They believe that they are very fortunate to be able to stay in your property and are thankful for the experience. 

That meant more to me than anything.For anyone just starting out, remember: your first deal isn’t about making a fortune.

I hope I don't see you all over these forums one day insisting you did it all by yourself and telling people who aren't as fortunate as you were that it's all about pulling yourself up by your own bootstraps no matter what your personal circumstances.

I believe we will have to get the tenants on new contracts.I haven't been to the area, but I did decide to put full trust into my mentor and the #s still cash flow, although I'm putting in more significant starting cash than I had ever planned on.I'm fortunate to have a decent W-2, and going forward I realize I really have to take full responsibility for the loan and be my own best advocate for the interest rate.  

I am also fortunate to have purchased a marginal deal in a good market and will be ok in the end.