So if it takes 10,000 calls to get one closed deal  that's $4k per deal which would still be worth it.

The investor who bought this home owns an asset that is cash flow positive from day one and one that will benefit from all 5 profit centers of rental property investing for many years to come.

We've had to deal with each of those aspects at one time or another. 

@David R Pustelnik sent you a DM to futher discuss one-on-one, please respond:)

Hate hearing that it didn't work out for you on that one.

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

One thing that did provide some reassurance is that we took the initiative to verify they own the property through a county property search.

No one has really balked at that but we do have higher end guests.

Both of the members of the LLC we are hoping to do the cash out refinance for are also LLCs if that matters, so it would be distributed from one LLC to another LLC to hopefully the members pockets.Want to make sure that the money remains tax free the whole way and we don't have any surprises. 

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.