Rates that are too low relative to the rest of the market are a red flag.Agreed granted many of the HML have a sliding rate scale based on  ARV  and experience  and maybe a little fico in there. lowest I have personally seen was 7% and 2 points.. and of course junk fees.  

I picked a mentor and a team to follow and the rest worked out

Hello BP Community,Well I am official, I purchased my first house to flip two days ago. 

Also, I was thinking about it and I think if you were going to make shared amenities (like fire pit) you probably would be very successful doing that strategy I mentioned for larger listings.For big dates I would have one listing that is both the primary and ADU that sleeps 12+, or whatever the number is, and then you can have the ADU and primary again as separate listings for the rest of time. 

Rest assured @Tre DeBraga you are NOW on the right path!

We meet in person next week.It sounds like they are looking for a buyer who will pay off their existing mortgage and they will help out from a seller finance perspective on the rest of the $699k purchase price.If they put it on the MLS< what would it sell for?

If we become heavily restricted, what chance does the rest of the DMV have to get their own regulations that make sense?

I am seeing a crackdown on STRs not so much as a result of any hotel lobby, but as a result of regular citizens complaining to their elected officials that they don't like living next to a hotel.Can't really blame them.

However, your investment in the house, officially called tax basis, did not go up.

And use the rest of the cash to purchase a DST that absorbs the debt.