@Malorie S.Put the money in escrow so you can get it repaired.

The unknown is a big factor that WILL cost you money in the long run.

I have the money to pay it off.

I'm reasonably certain this owner does not need the money, so that's probably not a motivating factor.Please help David beat Goliath to the punch. 

This approach can be a powerful tool in your real estate investing toolkit, offering opportunities to maximize returns while creating mutually beneficial deals for both you and the seller.Some books I recommend are:"Investing in Real Estate with Lease Options and Subject-to Deals" by Wendy Patton"Seller Financing and Real Estate Notes in the Dodd-Frank Era" by Dawn Rickabaugh"The Book on Investing in Real Estate with No (and Low) Money Down" by Brandon Turner and David Greene

This scenario I set (even though this property is really listed for this much), I factored in the investor not coming in with any money but instead using 4 PMLs.

Thanks for the advice, I will take a better location into consideration thanks

How do I find a collection agency that will do it for free and just take a % of money collected.

So in my mind STR is good tool to catch long term appreciation and REDUCE EXPENSE when folk is vacationing.For me it is as the following:if you like snowboarding you would buy in Tahoe or Denver or Aspen.if you like beach you buy in Hawaii, Destin, Panama Beach FL or San Diego.if you like hiking/forest you go to these Servier county,etc.The problem is if you don't have hobby and don't like to go for vacation LOLI cut 90% of my vacation budget by having STR, this is the internal profitability metrics LOLIf my own purpose is to make money I would find investment that yield 30% IRR and >1.5EM and I know it's not that in vacation market in 2023 lol.

Questions for Consideration: - Is anyone familiar with Loan Direct LTD or James Baldwin?