The tile will come down over the flange to create a suitable gap that you will caulk at the end of this project.

He evaluated the deal, negotiated the deal, got it under contract, advertised it and found a suitable buyer (you). 

Knowing this helps you define your own strategy when moving from being passive to being active and be able to chose investments that have attractive returns suitable for syndications.I hope this helps!

Usually, REIAs let people attend their general meetings for free on the first visit. Or

It seems that they are pretty similar in price and revenue, but the biggest difference I see is a 1 million visitor/year for BB/Beavers Bend market vs a 12-15 million visitor/yr for the Smoky Mountains. 

I can only say that if I were a seller, I would have 3 stipulations: 1, a healthy dose of earnest money, and 2, an escape clause that allowed me to continue shopping my own house around on my own while the wholesaler was doing the same thing, and 3, the obligation of the wholesaler to buy the house if they couldn't locate another buyer in a suitable amount of time. 

Maybe come up with more realistic rents and remember the vacancy factor while looking for suitable roommates.

Their websits claims to reach over 10 million unique visitors per month - talk about exposure. 

(From what I've seen, summer visitors seem to push small STR occupancies to 90%+ even at the lower end.)

I know many visitors were waiting to hear about this before committing to anything.