Does he realize just how much of that equity he will not get in cash through taxes and other fees found with traditional financing?

Would really appreciate the advice. before renovating the property, just want to confirm that you ran a title report on this property and there are no other liens.At an upset sale other liens are not wiped out, recently saw someone buy a home at upset sale that had $100k owed on the property and they did not realize it.

So right now if someone wants to book 26/27 Apr we can upcharge 100% of the Thursday rate so essentially they pay for the 3rd night without realizing it, and it leaves that day open to be booked. 

Selling the property amid the pandemic, we realized a significant profit, but the true value lay in the lessons learned and the lives we touched.

This repair will happen within the 30 day window and is entirely within the law and appropriately handled.What you fail to realize is that your system is entirely arbitrary.

Lastly, most people I see underwriting deals, and even those on the podcasts (assuming they are the majority with only 2-5 yrs of experience owning rentals) are likely to realize their 5% maintenance and 5% capex reserves are less than one bad tenant away from being way off.  

If I were of the mindset that I buy with higher debt terms for the sake of quicker pay off and realize higher cash flow later, it would not be a business and I would likely still be working a job.Many of the posters here are already financially free, but either chose to continue to invest, continue to work, or a combination of both, but not a necessity.

Because than you will realized that working with different people in within Anderson, they don't necessary see your tax situation eye-to-eye. 

If it’s by the room then follow what Russel said but realize it can be your problemIf they rented it together - not your problem.

for builders in the business and experienced their construction lenders will do a land advance.for everyone else you might as well come to the realization your going to need the land paid for.save you a lot of time and heartaches searching for that unicorn lender..