I try to steer most of my clients away from the "up and coming" areas unless they are more experienced and capitalized.Currently, the MLS market is very competitive and the wholesale market can be predatory, but the MLS should be softening over the next month or two and we should see some price drops or more opportunities for better negotiations.Over half of our clients right now are BRRRR'ing properties or doing some variation of it.

The reading materials that he has been reading is variations of practical life books, adventure books and some articles from fortune/ forbes magazine.

@Lee Stephens you could just do it by trial and error.

Most offer a free trial.

It is not a race to fill the calendars, but rather get quality bookings which turn into repeat guests and also secure the 5 star reviews.Reviews are everything in this business, and they will take the trials and tribulations to keep every guest happy.

I think this helps to minimize variations in the flooring and as others mentioned helps keep things quite.

I verified that a recent Deed of Trust filed in Dallas county lists the company's name as the lender, not a different 3rd party lender/partner or variation on their name which might show up in NMLS.One individual I found in their employee database (their Finance Controller) carries an inactive NMLS license.Company representatives stated that their loan cannot be paid back with cash or a refi; only selling the home will clear the debt.I've not been able to view their promissory note template yet, but I'm working on getting a copy.My conclusions:This company appears to be in the business of regularly extending consumer mortgages, and thus is subject to the SAFE Act. 

Which is why padsplit.com is growing 2x / yr they have "systems" and practices from trialing this for a few years. 

 Yes I have there’s very many different variations of doing a deal like this I would be wanting to know the exit strategy he plans on this deal before letting him lock it up under contract

Trial by fire.