Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

I took too long to make some decisions regarding design and it slowed me down.

You would be violating Airbnb's terms of service.

I did not come back to revisit this post from so long ago.I did not buy this property. 

Quote from @John Brown: Quote from @Katie Miller: Are you saying you would long-term rent it from your friend and then run it as a short-term rental? 

Dimensions- 8 wide by 20 long. 

A 1031 exchange will allow you to sell your building and use the proceeds to invest in a small multi family and/or medium term rentals.

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!

USUALLY a water department can tell you how long the water meter has been running constantly. 

If it's long term and you have control of the lock then you can do the same.