Currently, we have them in a money market savings account, but I believe there are better options out there that offer higher returns while still being liquid and low-risk.I'd love to hear from other operators:Where do you park your reserve funds?

Offer a referral fee.

Would a VA loan only work if you put in an offer before foreclosure or after the bank buys it?

I just don’t know if it is possible or legal.

They have offered to sell this place and gift us a portion for downpayment.

After a few months the seller actually came back with an offer that worked great for all involved and we put the deal back together.

Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!) 

Our offer was accepted yesterday, and our five day due diligence is supposed to start tomorrow.From what I have thoroughly studied on the comps, they do sell within a decent time frame and for much higher than the purchase price, although the majority of comps are slightly larger in sqft.

We sent one of those “love letters” through our agent and he sold to us for the same price as the other guys offer because he liked us.

Is there a typical amount that may be offered extra to help them out after I come to my price?