Remaining money (less title fees) in escrow is returned to wholesaler (less PML funds and fee if used) with the remaining from the Step B contract.

You still have flooring, cabinets, bathrooms, plumbing, insulation, paint, etc, so all that cost remains the same it would seem. 

Thanks to NYCs LL18, the Airbnb market in JC remains strong no matter where you're looking.

The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).

Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

We sold 70% of the packages off in 90 days and the remaining 30% were sold in 12 months.

But as soon as you make a direct booking site and start an escrow account (among other things) you then cross that legal boundary between a co-host and a property manager needing a broker license (depending on your state).We CO-HOST for others and remain separated from those legal parameters that would consider us a property manager.

Obsession isn't a bad thing in this case as long as you don't make poor decisions just to "get in the game"It sounds like your motive to get in real estate is a good one if you are looking to help other people.

The 10 year T-bills will remain about where they are now due to economic conditions that are fairly strong.