We're not in a vacation area and the majority of our guests are in the area for work or have a reason like a wedding, sporting event, etc.

In other words, we become SELECTIVE in our projects - we are forced to find projects with SUPERIOR returns.The typical syndicator is happy with 20% project IRR and then he/she gives away 70-80% equity to the LP - but if something goes wrong, then all the profit is gone and the LP is left holding an empty bag!

I promise you this good family of four will spend the next 2 months looking for something cheaper while you are left holding the bag on a worthless lease.

Your friends return is also predicated on when he bought, a few short years ago property values were 30% lower and rates less than half what they are now.That being said Tampa is great because we have multiple draws: Beaches, Pro Sports, Bourgeoning Waterfront Downtown area, Busch Gardens, Midtown, World Class Airport bringing in Business and International Travelers, and more!

If the HOA hears about it and enforces it, you are now stuck with the bag of kicking them out prior to the end of their leases.

The concept of partnering with my personal funds seems to be a mixed bag of apples.

The second way is to plan on proceeding with the purchase whether or not you are able to “flip” for a profit.The key point is that many, maybe most wholesalers use various “weasel clauses” to back out of a contract that isn’t immediately profitable for them, leaving the seller who thinks he has a “real” sale holding the bag.  

That decade is long gone, and so is sitting on ones duff expecting others to do everything and just drop bags of gold on ones lap. 

Something unique is always a little movie-cove, with a couch and bean bag chairs and comfy rug, some fairy lights dangling from the ceiling.

You will see their name and picture pop up, click on it and they will bag TAGGED and Notified of the Message.