Yes check with the county to make sure permits were pulled for the addition.Make sure this is permitted to be a STR with the bedroom count you expect.Something may be unpermitted if they still have a 2 bedroom septic tank.

But my gut might be saying no, the following are my thoughts and I'd love feedback:*Not sure a bump from 7 to 9 guests would meaningfully increase nightly rates.

Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Won't be using them again on the next flip that's for sure. are you working directly with them or is this a broker who acts as a correspondent lender?

Make sure they feel heard and assure them you will do in your power what you can do to make sure they are safe.

How does the already deep in debt CA afford to tack on $50 BILLION in debt service?

I do understand being selective on the type of buisness you take, but as an agent we still have a fiduciary duty to our clients to make sure they receive the level of service this price requires. 

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is? 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.