The owner is living in the ADU and renting out both levels of the main house on AirBnb.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

His lawyer took 1/3 of the settlement, and he owed the hospital $90K. 

He is working on getting this number for me, but they only expect it to be around 60-70k, which I most likely will get a private lender to come up with that money.

Ugly ducklings can be the best investments if you're willing to put in the effort.

Please forward the contact information for any vendors with which you have experience or knowledge who can help exit a low-usage time share. 

.: The problem with turnkey?

But that is also in the very nature of real estate, it is long-term.

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

I can see sharp investors talking to these folks and just basically talking the seller into cancelling and coming with them as they will pay more..