We lend up to 75% of the ARV but most people are buying and rehabbing well below that from the investors I have been working with.

It'll be confusing in the short term, I think people assume it's inflationary.

Quote from @Llamier Guzman: Hello people!

Love how like-minded people come together.

I've partnered with several contractors over the years (before I got my own license) and it is very normal for the contractor to be paid for materials and labor, even if they are doing the build "at cost"It's complicated and as other have stated, you've gotten yourself in too big of a mess to be sorted out by some people on an internet forum. 

I live in a town of about 100k people here in Dothan, AL, so STRs aren’t the most popping market.

I think the risk is similar and probably even less likely with midterms, particularly since you should always have a lease agreement for your midterm rentals whereas people rarely do this for short terms.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

At this point its extremely likely the individual will default and the foreclosure process will happen and it gives a person who can access the documents a heads up that this is coming putting you in front of the people in C above.Where do you get these documents from?

I wanted to see what other people were using to set up their security deposit accounts?