As a beginner in the real estate world, stumbling upon discussions like these is eye-opening.

That is why they are probably pushing hard to get you to accept this applicant.Another option for you is to negotiate a fair Termination Fee and then have them turn everything regarding the applicant over to you to review and sign YOUR lease if you decide to continue.If you want to be cheap, then they'll probably keep pushing back and make this messy.

Happy to network with you and have further discussions about what all you are looking forSincerely, Dustin Morris 

Short-term rentals come with fixed expenses like licensing, listing fees, and optional property management and furnishings.

Management fees will more than likely run somewhere around 8-10% of the monthly rent at minimum.

In theory my only costs would be purchase of the lot + associated fees, taxes, and engineering services (which I could do a portion of on my own time). 

So, you are correct, 9 times out of 10, a client is going to need 20% cash down on a 5+ asset plus fees, closing costs, etc...If you can get the seller to take a 2nd position for let's say 40%, then we would come in 1st at 50%, the seller at 40%, and your buyer at 10%. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Even after fines and penalties are issued, they refuse to accept responsibility and want to charge additional fees to correct their own errors.

I was told my legal fees would be around $700 dollars and the appraisal is costing me $550.