This doesn't somehow mean that they are going to stop paying the notes after 12/31/2024, right...?

You definitely want to check with your CPA, but in my state, if you lived in the home as a primary residence for 2 out of the last 5 years, you will not have to pay capital gains tax and can roll that equity into your next property.

You do not pay him directly.

With the current market, I will not be able to make my required cash flow after paying all operating cost including mortgage, vacancy, property tax, insurances, maintenance cost, no need for a property manager because I can manage it.

Landlord pays for utilities.

TravisIf I'm GC'ing the project and paying subs, I usually pencil $50/sf for cosmetic rehab, $75/sf for medium rehab and $100/sf for full gut as a starting point.

Better to pay for a professional carpet cleaner and not risk carpet damage. 

I added value to this deal by negotiating with the sellers to credit us $30,000 and to pay for all of the necessary fixes during escrow.The real value add though is in the capabilities of the property.

To succeed you have to stand out, and when guests are paying premiums to stay they deserve what they pay for. 

Can I sue them or report the agent to the ethics board and have them pay the total fees incurred due to their insincerity?