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You must be here for entertainment purposes.

During the July 4th period - when I go up with family and friends to "hot test" the property under full guest load, (remember, you're a hotelier now), I replaced the master bedroom furniture, (with the bed to follow later), removing an entertainment center that could have fallen if a child climbed it.   

When humans stop needing a place to sleep, procreate, rear kids, entertain friends, and call home.

If it was that easy, everybody will try to find these markets and not even deal with tenants and flips at 15-30% ROI.Big investors would not entertain with 7-9% caps if they can double their money somewhere else for sure.

Oh it was and still is entertaining reading the legal guru’s post that have never been in a court of law, but hey, it’s all good I still value, respect, and have learned from those post mainly by doing some research to prove them wrong which is most cases they are.

Chris I brought this up way early in this most entertaining thread.... as a potential note buyer there is no standing in the real estate and I know my note purchase agreement is a bare bones doc that does not even contemplate the seller default or failure to close on the note if the note does not show up you just don't close .. note sale is far different .. this guy wants to weave that into a purchase and sale agreement.. its just a note sale were the seller of note simply did not follow through I personally don't know of any punitive remidies for this scenario other than transaction did not go through as the note was never delivered..  

I wouldn't entertain  a repeat experience.

Do not entertain a vacancy because you have a false sense of what market rent is.

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