A good question to ask yourself is; why don't they just get a loan from a more traditional lender?

We will create a system of cosmetic improvements that will be completed for each property we fix and flip, therefore making the rehab a more streamlined process once the property is under our ownership.

Sounds like you could quit the stressful job now and finding a more relaxed job that pays 50k to make up the gap shouldn’t be that hard.

You can also use FHA with 3.5% down as well although may be harder to win in a more competitive market.

Just to give you some feedback Southern Maryland is a more suburban and rural area, which makes it different from the more urbanized parts of the state, like Moco, Baltimore or DC.

@Nathan Gesner   Many of these just cause laws hold landlords to a more difficult standard then the government holds itself to. 

If not, then you walk and find a more reasonable seller.

A bit of a more advanced exit strategy, but one that can be extremely profitable when implemented correctly.We spent $18k to clean out the place and then we turned around and made $40k after cleaning costs, closing costs, and commissions.

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

Should we reconsider our attorney's recommendation and go for a single revocable trust or is there a more efficient way to handle this with separate individual trusts?