Misdirected concern: This rare scenario is being overemphasized, likely to maintain the status quo of seller-set commissions.2.

I love the idea of financing land flipping since so few do it and I think it's the lowest bar to entry for investors who can hustle and are good with systems and calling (gold mine).

Natlie Palmer who is a well-known STR host, just posted this topic on Instagram and you would find some helpful info here...Natalie Palmer-Insa Also make sure your marketing copy, photo captions, and photos themselves, are calling to the guest avatar you want in the property.

These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

In our county you are required to pay monthly and they want the form even if you don't have any guests that month. 

Quote from @Benjamin Aaker: Hey @Nathan Gesner, can you tell us more about how you do guest mode?

Morby has made it a mockery by saying things like “banks don’t care” , “people who have No Money can buy using Subject To’, “he can buy overleveraged properties”, “he can use gator lenders” for closing and carrying costs”, and he can change the status of the title if he gets caught.

Tenant further acknowledges and agrees that they shall be liable for all damages to _______ system due to intentional or negligent acts by the tenant, it's invitees, guest,  agents or licensees" 

As many have said the status of the relationship between GC and owner will carry a lot of weight in terms payment terms.

You look for the trustee doing the foreclosure and call their office asking for their status website.