I have purchased many properties from people who thought they wanted to be real estate investors, but in the end it didn’t work out and they were happy to sell and move on.

You might even work out an equity stake if the deal is great.Good Luck

I knit, read, work out, smoke meats in my 2.5 smokers and enjoy watching moves.

You never know how a strategy will pan out until you try it; if you find the path you thought was best for you turns out to not quite work out, try something else.

I will be interested in knowing how your numbers work out at the end.

Things may not work out the way you want them to, but there is always success in trying your best.

Hi James,How did the basement work out?  

There is no new legal binding contract in place yet..... if they are in-fighting, you have every right to get that worked out before any contrsct is signedI would basically set a date for their final decision..... and let them make it....Three outcomes(1) Two girls stay and renew and find another roommate you screen and approve- until then they pay ALL the rent(2) They all agree to suck it up and all renew..... probably wont work out in long run....(3) The girls go and he stays....you lose 2/3 of tenants.... not a great choice(4) All three are out and you start again.....Personally if the 2 girls have been good tenants and they want him gone, I err towards their decision...... they are kicking him to the curb......not you

You could also find a partner if the private money and owner finance route does not work out .

I was curious if this area in TN was seeing something similar where 1 night bookings did not work out well or are you finding that you get quality guests only looking to stay one night for one reason or another.Thanks for your replies.