I like the idea of vacation rentals as long as you’re cash flowing after expenses, naturally. 

@Victor Martinez Lazaro Most of the really hard lessons were personal in nature.

You also need to be aware that custodians are passive in nature and simply process transactions at your direction.

Naturally they’ll tell you it’s great and easy and passive etc etc.I am selling you nothing but my experience with turnkey companies.

#4- Require that your Private Money Lender disclose their full identity, personal and company contact information that can be verified, skip traced along with proof of the nature of their business, bank and client references etc.

#4- Require that your Private Money Lender disclose their full identity, personal and company contact information that can be verified, skip traced along with proof of the nature of their business, bank and client references etc.

#4- Require that your Private Money Lender disclose their full identity, personal and company contact information that can be verified, skip traced along with proof of the nature of their business, bank and client references etc.

So your intent is going to always naturally be assumed to be flipping not holding. 

Insurance went down, which given the improvements you intend to make and increase in value, the insurance would naturally have to increase as well as it is now covering a more valuable property. 

I offered her 10K cash and she was out the next day (naturally she dropped her case with prejudice and signed that she was voluntary leaving and had no further interest in the home)I tell this story, because to hell with principle, see if they will more for cash (cash for keys).