calling columbus OH a bubble is hilarious go to jobsohio.com and read the supporting documentation of why things are the way we are and then go read a housing report that is published every month. 

Have the loan be due and payable in seven years, this gives you time to figure out IF you can refinance or sell.What is the agreement between the three of you as owners and buyers?

To see how easy it is to have a book rank on Amazon read this (https://observer.com/2016/02/behind-the-scam-what-does-it-takes-to-be-a-bestselling-author-3-and-5-minutes/).Essentially, you can pay Nick and JW and their company to write some content for you, publish it in a book that nobody will likely ever read, and be given an "award" so that you can claim you are a best selling author and use it in your marketing to appear to be an expert and mislead people.

At minimum I do make folks acknowledge my published criteria for tenants before taking time to show.  

Here's what it really was:Loan Amount : $115,000Term: 6 months with 2 (one month) extension options at 1% eachRate: 13%Fees: 3% Transaction fee to the Lender          $1650 processing fee          $600 InspectionsAmort: Interest Only, Payable MonthlyThey also wanted not only the subject property as collateral but also another one I owned free and clear.

Man, the guy who published that book made bank on that title. 

Bigger Pockets recently published a great article on the Dallas/Ft.

My advice would be to read First to a Million (and the workbook), published by none other than Bigger Pockets.

*I will add, it's noted as due payable upon delivery, it's not a pay-n-wait-n-see thing.But for, say, a $145k multi-scope "flip", there will be a detailed invoicing schedule of a deposit for commencement of job, typically 10%, with achievement markers for next invoicing.

Here's a handbook published by the New York Department of Housing: https://www.nyc.gov/assets/hpd/downloads/pdfs/services/abcs-...Your answer is clearly stated on Page 3.