However, IL landlord/tenant laws are tough and are worth taking a deep dive into if you are going to investLawton, OK - Good opportunity for sure as many mid-American towns like this are prime for investors.

It is fair to express your disappointment that they exceeded the cost target you gave them. 

That should not be a problem at all as he's already expressed willingness to seller finance up to at least that amount.

Quote from @Don Miller: The following is not to express any level of happiness or unhappiness with the build:Received change orders totaling $14,970 for 18 additional loads of fill dirt over allotted amount in contract (fill dirt arrived in December 2022), 7 loads of septic sand over allotted amount, and rock excavation at the septic site.I deal with all of those issues on new builds.

While I agree that the STR market has matured and margins are compressing, I don’t think this is a universal truth especially for Americans buying in international markets like Germany.

With boundaries of course as @Adam Bartomeo expressed.

Cash deal with an express assignability provision?

Here’s a chart showing what percentage of an American’s average mortgage payment goes to taxes and insurance:Rising taxes and insurance premiums make real estate even less affordable for buyers already facing higher home prices and mortgage rates that rose ~150% in less than two years.

They agreed to pay in accordance to the lease and failure to manage to the lease is the #1 reason why landlords fail (Source: American Apartment Owners Assn).Cowboy up and stop having the tenant control your ROI.Best.

THere is a loan I have seen folks using in the past... not sure if it is still available but it is the MACU90 loan with mountain american credit union and it is a 10% down investment loan.