And nobody is telling a lie in the transaction. 

Funny, I was hoping to equip myself with some ideas so I could propose some transaction options to them right off the bat--but I agree with you that that is probably not the right move.

If you're asking for my option and you want to play it safe, budget for 10% vacancy.

I can also document that I have over 1,000 plus real estate transactions as an agent and an investor.I had two transactions that they just kept lying and telling me and selling me you will have CTC in a week or less, From each of those points it was more than 60 days.I begged loan officer and processor to be truthful.Their failure to close in a timely manner cost me dearly.

While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.

(N.J.S.A. 2A:42-10.16a).If a tenant habitually pays late, you then can go to court more safely and not have to worry about them coming even at the last minute.

I've brokered a number of 1031 transactions and can help with that as well. 

Don't expect these people to have anything to do with you once the transaction is over and a lot of bitter, nasty fights along the way. 

He may be actually speaking about a "Wrap".Find out if actual ownership converts to youMake sure you have a title reportYou may want to pay for an appraisal and an inspectionMake sure you use an escrow company or an attorney to do the transaction Hi Ken!

A benefit of this setup is that VRBO still processes payments and handles the transaction.