Even with a great opportunity, trust is the foundation of any partnership.In my partnership, we had already worked together on multiple deals—me as the agent and him as the investor buyer—so we had established a strong foundation of trust.

Once you get past the initial learning curve and have some basic knowledge, it gets a lot easier though and at that point most knowledge gaps can be filled as they come up.

@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton

So the lower the interest rate on the subject to loan, and the higher the prevailing rate, the more chance that a lender will initiate action.   

They ended up costing me a few grand, so much wasted time, and the terms are not even close to what they initially told me.

So the initial appraisal for the refinance was good at the time, but now the As-Is is not gaining traction with buyers.

In this example the initial investment would be $50,000.So the owner of the IRA would have to pay 37% in taxes seems to negate the interest paid of 12.5% annually.Do I have this correct?

It has now been 16 months since my initial request, and I am looking for a clear timeline and action to fulfill this commitment.I have already filed a complaint with the Department of DPBR Office of Financial Regulation, as RAD now holds an F rating with the Better Business Bureau, and legal actions are being posted.

Recently, Woodfin, which is just North of Asheville, under the leadership of some of the people that formerly lead Asheville's STR initiatives, adopted similar restrictions. 

Dropping your rental rate and remaining competitive in the market, will attract the right tenant based on your initial application and screening requirements.