Does that limit the purchase he could make?

The home was purchased in 2008 for 700k. 

Since I have my rehab budget and the loan of the purchase price.how does this work and what are the fees associated with this? 

I am in the process of approval to purchase a franchise.

Also, the incredibly low interest rates and low yearly property taxes (depending on your location) help a bit on the cash flow end.From my understanding, opportunities exist in different cities in Spain, especially when considering distressed properties outside of inflated metropolitan areas (not to mention the alternative ways of acquiring property like judicial auctions, cash purchases, etc.). 

So I purchased about 100 connected acres of raw land - split into 3 deeded parcels. 22, 70, and 8 acres approximately. 

We’ve just started researching the area so was curious to see if you’ve made a purchase or how your experience has gone so far?

For those who’ve purchased their first vacation rental in the Destin or Panama City Beach area (or surrounding areas, too), what’s one thing you wish you’d known beforehand?

It's also a good idea to check with the bank ahead of time to see if they have any specific requirements.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?