Did most of the work ourselves.

If they want to stay, they will sign a new one-year lease with a monthly rate of [$XXXX].

I have a unique deal that the property owner is just wanting the builder to build him a home for "free" and he will sign over the land.

This is a great place to learn and to connect with people so take advantage of all the great resources.

The signing parties are "stopped" from saying anything different after they sign the letter.Each Tenant Estoppel Letter states the attached copy of the tenant lease is accurate and was signed by the tenant, there are no other written or verbal agreements, the tenant has paid rent through a certain date, and there is no prepaid rent other than the current month.

The ARV is around 525k - the property is currently listed at 450k.

Same as @John Underwood, @Diaz Principe Nicolas.I would love to get more off season bookings but there ins't much call for a iced in lake house with a foot of snow on the ground and the lake being frozen over.It is fun to see how many turkeys end up on the deck and to watch if wolves use the frozen lake to move around.

Unfortunately NY requires a RE license to wholesale in the state.

Quote from @Todd Boone: If it is, what kind of investment? 

But, if you could not cover the spread between %3 and 6.5% rates, then you won't have much there to entice the CFD.