My offer was rejected in 10 minutes and I was told that no document contingency would be acceptable.So, I am left a bit bewildered -- what I am missing here?

You could work together to develop your own terms.My 2 cents,Mike I can't rely on friends/family for millions of dollars per year.

The location of the property was so ideally placed, that we were able to charge substantial premiums per night for guests on airBNB.

So then you're negative in your investment because you had to pay taxes and insurance during your hold period...and maybe HOA dues or other fees....mowing, demolition, etc.   

Their fee is 9.9% of the total amount we use (for this property we only need $30K so the fee would be about $3K, with typically 0% 12 month term, payments at 1%).Is this typical?

They can send you a standard CT lease and then you can cruise forums for landlords to see which things you may want to add (pet fees, no smoking, etc.)The fact that a lot of work has been done will help you in a C-/D, but choosing tenants is going to be the thing that either makes or breaks you and it's going to be hard.

Conventional refinance would require 12 month seasoning as per Fannie Mae/Freddie Mac guidelines, so you'd likely go with a DSCR refinance.

Purchase price: $97,500 Cash invested: $11,331 4/2 MH. 1982 sq ft. 1 Acre of land. 30 minutes north of kingwood What made you interested in investing in this type of deal?

We would like to buy them out as partners of the LLC per the terms of the operating agreement which are pretty basic and straightforward.

If i sell this, i may be able to net between 189k - 230k depending on what i get, not including fees (agent)  and capital gainsGoalTo be financially independent in 5 years or less so i can travel the world more.