Early last year, one of our borrowers, an extremely experienced rehabber who had recently been diagnosed with diabetes, informed us that he’d been in and out of the hospital so frequently that he wouldn’t be able to complete the flip we had loaned on as first position lenders.We were aware that he had borrowed an additional $110k from a second-position lender.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece. 

You can't take six months off from reviewing properties and hop back in like nothing happened.

@Wale Lawal is very experienced as an agent working with investors. 

Networking with local investors, joining Chicago real estate meetups, and connecting with experienced agents can help you find the right deals.Good luck!

Never put all your eggs in one basketread the PPM and documents and have an attorney review understand what your investing in, fees and hold Timeunderatand their track record a lot more to consider those are just a few 

However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.

If you had not shared your post, as an owner, I would not be aware of the issues you are experiencing. 

Too many people + not enough bathrooms = bad reviews.

Has anyone experienced anything like this before?