On the flip side, multiple MTR/STRs in other areas could yield higher cash flow, especially in tourist-heavy or affordable markets, but managing dispersed properties can be challenging, with considerations like vacancy periods and potential property management costs if you opt out of self-management.

So I would plan for a long review period. 

As long as the money borrowed is used to purchase the property, the lender is forbidden from obtaining a default judgment for any losses.As for dealing with the previous seller Patrick, if you disclose your intent to keep the loan in their name for an unlimited period of time, there's really nothing they can do.

(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

At the end of the 14 day period it would be my choice to fix the door and charge him or to take other measures.When i asked her if she would send me a copy of the noncompliance letter to the tenant, she said she wouldnt do that unless this goes to court. 

I don’t understand why she would cancel an entire 7 night stay when the rain may happen in a short period.

Other facets of the job (such as dealing with title companies or lenders) are more manageable due to the fact that they usually operate during “normal” business hours, but if you work elsewhere during this time period getting things done might become quite difficult.

To prevent any future misunderstandings, simply inform them that paying upfront for an extended period is not feasible.

At all times during the Lease Term and throughout any Removal Period, Landlord and Tenant shall, each at its own expense, maintain a policy or policies of comprehensive general liability insurance with respect to the respective activities of each with the premiums thereon fully paid on or before due date..."

I never did research much about the new system in AL, after the redemption period expires and you file a lawsuit to foreclose?