Hey, sounds like a solid strategy.

He is completing some residential developments in Denver, NC currently.

@Lindsay Davis - I completely agree with those numbers for Decatur. 

The rehab was complete, and we were ready to refinance when disaster struck—a car crashed into the property the week we were scheduled to refinance.

@John Cooper, it sounds like a normal tenant and a difficult landlord.

I called the current landlord and he was completely surprised by the reference check. 

But it sounds like they are going to clog up the new dryer anyway.

Eventually, after finally admitting he could not obtain a loan, he failed to return my capital, and completely stopped responding just long enough until the banks were unable to reverse any payments.

On the surface that sounds fine except with VRBO I did not where I have access to their credit card to charge them directly but rather I could submit an extra charge and it's up to the guest if they pay or not.

Whether it's completing paperwork or obtaining third-party accredited verifications, attention to detail is paramount.Never assume that raising equity will be easy.