I like that - seems fair.

High interest for a short duration that you control seems like the way to go to me. 

Hi wholesalers - I would love to get a template that you have successfully (and of course legally) used to close wholesale deals in MD.I have a template with assignment clause that I downloaded from real estate skills.com which seems like a great website but I'd love to see one that has been used in practice and has clear clauses about 1)EMD and clear backout periods for seller, wholesaler and buyer that minimizes risk for each while still being a 'defacto' contract 2)assignment clauses.

It seems like we are at an impasse.

However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.

Doesn't seem terrible. 10.7 % return on the down payment.

i agree. if you can raise your ADR and make the same amount of money with less visits, thats also less wear and tear on the property. 30% occupancy seems low though, unless that hits what your goals are and your renting season small.

Seems a very efficient way to handle it.  

The lake is right there for summer and of course skiing.I don't know about the rules around STRs in the area but it seems like a solid choice.

It seems to me like you may already have a guide for the path you must follow, your father.