Usually, if you qualify you could get up to 75% of the value post construction for funding to do the project but in stages.So there won't always per se be a hard downpayment.

Hi Suzanne-I would suggest checking out google, reading reviews, and looking at different websites to see the top few that you think will provide value. 

The LTR rents are pathetic compared to current values, but maybe if STRs get banned the prices would fall.  

I think taking the liquidity makes most sense right now, but I would really value the community's input on the numbers here and strategy.

If you leave it open-ended, they may take the TV, computer, and a few other items of value and leave you with everything else.

While I was trying to be clear about not having any experience with you, I don't know if many people understand the fund of funds or co-sponsor structures and if/how they bring any value.  

For those of you who do, are you happy with your current management, and if so, what are the main things you feel they do to create value for you? 

If it's done right and the layout makes sense you recover your money on the added value of the house, not in the monthly additional rent.

Additionally, determine the anticipated after-repair value (ARV) of the property.

Working off of the scenario that we would get 70% of our appraised value of 220K, our cash out would be 154,000.