I can refer a couple of great PM's in Orlando if you want to get another opinion or two. 

Here's my slidedeck on MTRs which is basically what you're referring too.

The nicer houses had brick foundations but regular folks built on cedar piers.

I reached out to RTR, they referred me to another contractor which gave me a bid that would increase the construction cost by 100K - or they offered to buy as is and I would take a 160K loss.It is terrible to fell this dumb!

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

If you have a stable asset, predictable returns, and a lease structure that’s well-known and well-documented, a regular market valuation might make sense.

As best as I can tell on both sites, the algorithm looks something like this:Cheapest price>least restrictions (cancellation, # of days minimum, etc)>Premier/Super host>Review Scores>Most discounts (weekly, last minute, etc)>Regular revisions

Due to the last few years in Austin, I now refer Austin as Austin California.  

I’m in northern New Hampshire where we regularly get to -20 degrees during January and February.

HELOANThis takes second position and is a closed end loan, meaning it's given as a lump sum similarly to a "regular" mortgage.