The realty company will probably file suit against her for the commission if she violates the listing agreement. 

Again, the details of property management in vacation realty is beyond me, but typically from my readings, vacation properties like this tend to attract better demographics rather than those looking for cheap motels and also, dependent upon the area might pull in better returns - and might just justify a pool.

I have dealt with Cox Realty in the Dallas area and although they are not awesome they seem to be slightly better than the VAR group.  

We still used our standard "magnolia spray" for the living room and entrance, but painted the end wall of the living room in "terra cotta" as an accent wall {reds ... four bloody coats}.  

Your "equitable interest" is in the option contract, which is personalty, not realty.

I had a slip and fall case in which they sued the owner, the manager, and even the realty company that sold the property to the owner prior to the slip and fall.  

If you ever want to swing by my office (C21 Commander Realty) and have a cup of coffee I'd be happy to try and point you in the right direction. 

When I purchased my first investment i lost a lot of money the first few months but have to come to realty that this is part of the game.

Everything was disclosed fully, I really don't think it would have mattered either way because he would have ended up paying commission to the agent anyway.As to being a sham buyer, you are entitled to your opinion, however my agent, with a large national realty company, his broker and an attorney were all consulted, informed and know exactly what my intentions were.

This is a biger pockets post from a few years back http://www.biggerpockets.com/renewsblog/2013/07/17...There have been hundreds of stocks that have risen over 1000% http://ivanhoff.com/2013/11/11/98-stocks-went-1000...Plus you could buy the reits like Vornado Realty Trust that have risen over 16% over the years The greatest amount of wealth is created thru the markets,but as mentioned you are comparing apples to oranges.