Or, if you are looking to sell or refinance and the property market changes before you execute your strategy, the property could fall in value and you won't be able to sell or refi in the amount necessary to pay your existing debt.So, as others have said in this thread, pursue a conservative strategy with lots of cash-flow cushion built in, and prepare yourself to hold for a long time.  

Here is what I generally provide for each deal:- Basic property/deal info (address, purchase price, closing date, details of property, details of area, etc)- Financial analysis (purchase price, rehab estimate, fixed cost estimate, ARV estimate, profit estimate)- Breakdown of rehab costs- Copy of executed contract- Copy of the MLS listing page for the property (if it's on the MLS)- Copy of tax records for property (and link to it online)- List of comps from the MLS (including the MLS pages for each)- If I've done a flip in that area recently on a similar house, I'll provide an appraisal from the other project I didAlso, since I document all my projects very specifically on my blog, I'll provide a list of projects from my blog that are similar to this one, in a similar area, are comps, etc.

Also, if renting as a vacation rental, is there an office staff that focuses on renting out for you?

Some people like to think they are dealing with an 'executive' or decision maker and if it helps close the sale / deal, so be it.

Aloha,If the photos you are receiving are of good quality and sufficient size to be able to zoom in for better detail, you should be able to determine the quality of the work being done, unless you are talking about executive level homes, then it might be a little more difficult.

Every property has 25% to 40% equity after we complete the rehab.By executing fast, we can recycle the money 4 to 5 times a year.

And by correctly I mean using the correct purchase contracts and/or assignment agreements, with correct terminology and executed properly.Nick

Investing in these properties is appealing to have corporate backed tenants and getting much more than1 percent sitting in a bank account.My clients that love triple net tend to be busy business owners, high level executives, or REIT's who want turn key yield but do not have time to put in for the extra work that apartments have and oversight.Anymore questions just ask.

I hope in your case that your borrowers are not using the money for personal, family, or household uses.The Official Staff Interpretations for Reg Z (Dodd-Frank) specify your exact scenario in at least two ways: Section 226.3 - Exempt Transactionsii.

People don't just start staying at your hotel within two weeks of rehab, it takes marketing, sales effort, retraining of staff, etc.