That really stretches your $10-$15k out.Probates are a great lead to find these fixer upper lease options.

If the top is cracked or in some way not usable then that would be obvious damage but I think you are stretching here.

Three real estate rookies stretched themselves to the absolute max financially in order to make this deal work.

But take that into serious consideration before going any further.Third, I agree with Julie and Robin that it seems like even with some decent traffic needing to rely on the STR to simply make the deal work may be a bit of stretch and would put a lot of pressure on you and your husband.

We've had good experiences so far, but the rapid expansion of the STR market has definitely led to local resources getting stretched thin. 

Even just 20% down on something ~$300k would be a stretch. 

The entitlement process can be lengthy depending on the municipality and local requirements and in many instances if variances are required or sought, the timeline can be stretched even longer.

I am sure your business will continue to do well in the long-run; however, this remind me of a situation where someone I know operated a business within a commercial building and stretched themselves to purchase it.

I think it's stretch to say that she is suggesting insurance fraud.

About $20k in rehab and then appraise for around $60k and rent for $800.I know its a new day but i tried this in fly over country and the only issue was I could not get more than 3 to 6 months of rent at anyone stretch as the local tenants were basically living at the poverty level.