I see that you're in CO - STR investing in CO can be extremely profitable, which is why my personal investment portfolio is so heavily weighted in that direction.

Also now clear that the lender is not doing their proper due diligence or even reading what we are giving them.  

If it turns out well a good lender is worth their weight in gold.

For it to work properly (ie heat the unit), it needs to be kept on in the winter even if she turns it down when she's away or in the evening. 

If the kitchen was not cleaned properly, it certainly should have been. 

As for properly collateralized performing notes in Vegas I think those are quite safe.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Listing photos were terrible, tenant vetting was lackadaisical, checks were sent to wrong addresses, tennants weren't properly vetted, charges for "mulch" and landscaping were charged but never physically carried out.

I want to know if one of my rentals has a massive even that I'm covered, that's worth the going rate on the proper insurance to me.Best of luck!

Buyer of note does not do proper due diligence and finds they need something resigned from an owner of the note down the line and think the person they bought it from needs to get that document for them.3.