.^^ Ditto.I'd never set myself up for failure knowing I'm signing up a short-term rental, we are averaging 5 year renters on our properties, signing up somebody knowing it would be for 7 months would be like putting hot pokers in my eyes.Just imagine the scenario of them moving out and the place is a fricken mess, you  spend a bunch of money cleaning it up and it's off the market again longer than you  plan, really a crappy situation. 

It's definitely a game changer for that part of Midtown.

Welcome to BP and the Wholesaling game i wish you the best of luck my friend,

So, as a newcomer to the real estate investment game would you say my only immediate options are the following:1). personal guarantee (relies on personal credit file)2).

Sean, You have to decide what your end game is.  

Real estate investment is not a get rich quick game and it's not a race.

It's just a numbers game.  

They want you to have done skin in the game especially if you are new.

These gave me a good introduction and game plan for allowing me to either make my own statement of work or know what the heck a contractor is giving me when I look at their statement of work.To that end, I also ordered the 'National Repair & Remodeling Estimator 2016 (National Repair and Remodeling Estimator) (National Repair & Remodeling Estimator (W/CD))'. 

The lot is fairly small and the previous owner was in the real estate game for a while and this is some of the last stuff he is tired of dealing with.