For the record though, around here (and possibly there too) the owner can do pretty much all the work on their own property without a license.

He was completely against it, fighting tooth and nail saying we couldn’t put a house there. 

Though I don’t focus on STRs in general, this seems like the margins are too thing to make a sustainable and scalable business out of.

really depends on where you live and want to work this sub 2 model and were we are at in the economic cycle.. in hard times this works far better as more people are willing to sell you houses with little down and sub too.. the rub comes with getting your glorified renter to acutally cash you out..

I wonder if anyone else does that too? The

As far as the lease term, it depends on the landlord, but I've seen month-to-month up to six months (of course, a year would work fine too). The

I got a property under contract that was HUD and it was a solid deal too. The

For example: science- learn about the water table so you can educate your clients on how it will affect a basement; erosion, so you know how long it takes for that drop off in an investment property to fall away; plant life, so you can identify wetlands.

At the same time, 15% would be outrageous too.  The

JoshThe case I am referring too the property had an existing mortgage on it, so any overage would go to the mortgage lender then any other liens after that.