These factors contribute to long-term stability and growth potential for real estate investments. 

There are only 2 ways, as I see it in the current market, to get actual income/cash flow from a rental property - a paid off long term/mid term property or a well bought short term or rent by the room rental.

Mostly on a long term scheduled with deferred maintenance. 

In terms of a money judgement, I would be much more focused on getting possession back.

Since they've lived there so long, I recommend giving them 60 days to move as a means of softening the blow.Third, don't negotiate or accept excuses.

I probably won't withdraw it, so the long-term tax savings and asset protections are appealing.Anything I am misunderstanding or not considering?

Terms are not going to be super aggressive due to the fact that the rehab amount is larger than the purchase price though.

The benefit of this is that you are not paying Hard Money rates so in long term there is a lot of savings going this route.

For example, before he switches a policy from short term rental to long term rental he wants pictures.Is it normal?

So buying an investment property for short term rental doesn’t make sense.