Some strategies to lessen the negative cash flow are: house hack and rent out the other unit as a mid-term rental (to traveling professionals or for people temporarily displaced because of insurance reasons like fire) or short-term rental (business or vacation).

Pretty much instead of you looking for someone to run your STR, it's a company looking for you because your property is in a vacation area, or they realize it has great potential as a STR.

They vacated the property the day before closing, and everything came together smoothly!

You will be required to honor them or make the tenants a deal/ buy them out if you want them to vacate before their lease is up. 

Therefore Bill & Jane's vacation house in the Hamptoms or the ABC Company tenant 10,000 SF commercial build out is ahead of your development.Robert- If you do have the correct Architect for your project, then the problem is: they aren't incentivized to change anything.

I have a vacation house hack for sale and if it sells it will free up some capital. 

You can also use the income snowball to pay for other things such as vacations, debt, home renovations, you name it.

Biggest mistake I see is going to vacation and then half of the 45 day ID period days are gone or an investor looking for a (deal of the century and not being realistic).

If they don’t like it, they can try to negotiate the rent down, or they can vacate.

Seems attractive for building a vacation home or a small Bnb complex with multiple homes.Has anyone here ever sold land from other countries to people in the US?