Just out of curiosity, what took you so long to start looking for him?

-ARV - 500k-Purchase Price - 400k (needs full renovation set 50k) - Down Payment - 20%-1st Hard Money Loan - 250k interest only 3 year term -2nd - Hard Money Loan - 70k interest only (interest accrues to earlier of end of term/sale/refinance) -Rate TBD but assume around 10%Investor would get a discount on ARV and be cash flow positive during the holding period.

@David Charles EdwardsI wanted to suggest caution regarding your annuity path.I’m just another landlord, so I’m just working from knowledge I have accrued over time.  

Hi everyone,Just out of curiosity and specifically to the STR investors, has anyone considered or has invested in Branson, MO?

Out of curiosity, would you recommend backflip to new investors? 

The original sellers could probably make a better case than you can but again, speaking to an attorney would clarify that for you.Out of curiosity what is your role in this?

I think the $10m goal is distracting from my main curiosity on whether there were specific ways in, in my situation.

Out of curiosity are you STRs in SC?   

If the borrower were to challenge the foreclosure and draw out the process, these fees would continue to accrue.

The point is, you are accruing for CAPEX and without seed money in the fund, of course you will not enough to cover early year capital expenses.