Hi I'm new to selling property. We have a restaurant that is paid off and would like to sell. We received out first offer and they want owner financing. How would I set up a contract that protects my interest and will...

I love to hear any input on strategies, pitfalls, or just general advise and experiences to run this as a successful weekend AirBnB.

JD Martin - agreed, you'd have to for any post-rental repairs.And yes, I can see how that would be a really great strategy if you were marketing to investors especially.Do you see any potential tax pitfalls where the IRS could still find you doing business as a ‘dealer’ versus ‘investor’ and you lose the tax preferential status?

If you know the rules... you'll avoid the pitfalls...Be sure to bring your deals to this event!

If you need market ideas, ask a guru, but they won't be teaching rules, regulations, laws, taxation, how they are accounted for and the pitfalls, one, they probably don't know and two, if they did, teaching those aspects is complicated for them.

(interest rate for 2yrs, etc) Any potential pitfalls?

Any pitfalls?

Are there any pitfalls to look out for when using this strategy?

Do you see any pitfalls here?  

@Han Oh  yes legal fee's as they relate to the foreclosure not legal fee's to see how to do it or what the pit falls are.