With that said, the income can still offset the cost of holding the property as a long-term investment.

To get started, focus on creating an appealing listing with professional photos and a detailed, guest-focused description.

I’m torn between going the wholesaling route or sticking with long-term rentals. 

Would a cash out refi be under commercial terms since the property(s) are under LLC?

There are several aspects of a long term lease that are not needed, or additions that should be included in a mid term.

I give them a deadline to respond, very clear terms of how we will move forward with the option they choose, and I make it clear this is my final offer.

What are the terms of the lease?

Purchase price: $320,000 Currently have a long term renter, the rent pays the mortgage and other expenses but provides no cash flow.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

The typical project sells out in 30-45 days, though one of them took longer.All of our projects have a detailed Purchase and Sale Agreement (PSA) that buyers sign with details on terms and construction timelines.