Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

You can delay the sales of the properties for your convenience.If you put all the properties on the market now and one property gets under contract before the others, you can sing into the contract that you can potentially delay the closing date by a certain amount of days.Best of luck!

I've looked at a few of the sites and will reach out to them. 

Just trying to learn more about the process when its purchase only as I've seen that option on some lender sites. 

I used Hostaway for the last year and the they recently snuck in a 1.8% fee for our direct booking site.

@Joe Splitrock @Timothy Hillyer @Chris May @Mike Landry @David DachteraI'm still pretty new here, but this has been one of the most interesting discussions I've seen on this site.

When the date came he said he wasn't going to submit it by the online app (stipulated in the lease) but would have it in cash and that we could come pick it up (we live 3 hours away). 

Get listed on all the OTA’s and a direct booking site, use good management software like HostAway, use dynamic pricing software like pricelabs, use WiFi enabled smart locks like Schlage encode, use an email capture system for guests to login to WiFi like stayfi, use those captured emails to do marketing for your direct booking site, and automate scheduling and payments for cleaners and maintenance.

There are so many veterans who have carved nice paths in real estate investing all over the site and as guests on podcasts that you can learn from as well.

Therefore the concern I have is people are giving them their money and they are giving dated and unrealistic advice.