Originally posted by @Krista Goodrich:It's good to see someone fighting for property owners rights in Volusia.I own some properties in Daytona Beach and the ROI is excellent compared to some of the larger cities in Florida.

I may look a bit disorganized, but financially capable of closing :) Ironically, my the liquid cash I'd normally have is tied up in my first deal where I am acting as the PML.

If you are capable of more, then owning hard assets + owning the debt.

I am hoping to meet people who I can learn and grow from and want to invest in me and what I'm capable of. 

I'm fully capable of giving myself a dad-level "you effed up, own it" lecture, and I assure you I have.

Make sure you're performing credit checks, background checks, verifying income (calling employers and even checking bank statement if you need to), and calling former landlords to inquire about/confirm their habits as a tenant (cleanliness, respect for neighbors, paying rent on time, etc.).If you don't think you're capable of this, definitely find a good property manager!

I’m fighting it.

This is not a Subject-to transaction, and you will have to be capable of qualifying for the loan, just as if you were taking out a new loan.

There should have been a plan-B from the start, that seems like failure #1 to me in this and a STRONG question of the experience and capability for this sponsor.

Now your tenants are happy, and you have minimized the time you would have spent speaking to your tenants about the delay or fighting a warranty company.