Hope AirBNB will not so obviously treat different people different on cancellation, especially race is one fact!

I define ready by having ability to lose 100% of the investment you are making and still be able to pay your bills 

If you are buying with the hopes of appreciation that is NOT the way to do it.

Have you ever heard of a Landlord being sued by a Tenant and losing property?

.  :-)Hope that helps.Mike

On the flip side, this has presented some opportunities for the creative real estate investor as well.Some news story links and a snapshot of what has happened to prices in my city.https://www.cp24.com/news/video-shows-massive-fire-that-destroyed-under-construction-homes-in-burlington-1.6671785https://www.thestar.com/real-estate/toronto-area-buyers-are-walking-away-from-deposits-on-new-homes-some-losing-as-much/article_db451c58-5c4b-5269-8510-17095d5496e1.html

You're trying to get a deal from you, he's trying to bamboozle you and string you along on the hope that he'll sell and you'll spend money trying to make it happen like buying him some Twinkies and Doritos. 

I hope to start him similar to your plan but quickly transition him to sophisticated value adds. 

Hope he is ok.

Hello, I just recently moved to Houston with my girlfriend with the hopes of getting a new start.