I love the concept that some of the STR YouTubers call the "golden triangle".

Here is the proposed concept…Let’s say I am a founder of a company... lets call it "Equity Rental USA" and sole owner of it as well.

Created open concept living spaceRenovated kitchens and bathsRenovated basementCreate master bath and closet What was the outcome?

So, she may be able to keep the subject property in homestead for a time until we officially transfer ownership.You also bring a good point up about putting myself at risk here as well, and that's really one thing I want to get some more feedback on so that I can prepare or structure this concept/agreement to reduce those risks.

If I were you I would carefully and conservatively lay out your business plan and what cash flow is going to look like during your build out while no cash is coming in and then what it looks like each month as it ramps up.Personally I’m a little lost on your actual concept - a pizza/ice cream shop sounds like a family place but then you want gamblers hanging out there all day?

That's all nice and good in a vacuum... but when the tenant is behind by more than a month's rent, ghosting you, has a four digit back balance, and has done a lot of damage to your property, it puts a strain on that concept in practice.  

Purchase price: $1,250,000 Cash invested: $2,100,000 Open as of March '22, BUNGALOU "Stay & Play" is concept that blends over-the-top accommodations with a laid-back atmosphere.

Purchase price: $1,250,000 Cash invested: $2,100,000 Open as of March '22, BUNGALOU "Stay & Play" is concept that blends over-the-top accommodations with a laid-back atmosphere.

I am seeing this more in my area... so much more actually that I think some people are using it as a strategy to sell their homes for more money.Just going to throw this concept out there as it may help you to sell for more.Let's say you think your house is worth $500k if you sell it as-is, move out, and hand over the keys.Well what is your house worth if you sign a 1 year lease back at the rate of $4,000 per month where you pay all utilities?

He gets the concepts but just can't get comfortable with the debt.