For bathrooms, you can use a higher temperature color like 5000 K.

And less often talked about but definitely happening is people buying because they (probably correctly) assume it's only going to get more expensive to buy in the future. 

@Maria Sophia @Bruce Scannell is correct, we have a redemption period.

Hi @Marlon Thomas @J Scott is correct on the 75/25 ratio.

@Jeremy Bradshaw this is an attorney area, so you would want an attorney to draft the paperwork and make sure this is being done correctly.

They are great products when used correctly, but you have to understand the real cost and not just look at the rate.

Correct, but the guests are then going to pay a higher amount through Booking.com.

Looking at AirDNA results, my biggest concern is occupancy rates, most of the calendars I look at have large gaps in them, and when you spend close to $500/sq. ft at current prices (in STR-designated areas), your property needs to rent well above 80% or you charge crazy nightly rates.We've also seen very few property management companies that charge less than 25% there (and 25% is rare), and some STR neighborhoods require you to use their designated PM (Desert Colors only allows Red Rock, and they are at 40% commissions - ouch!).

For example, I would need a new loan from a bank for the remaining $550,000 after the 4 years or would refinance the house for the $550,000, correct? 

If this is still an issue, send me a DM and I can walk you through how to do this correctly!