So @Gregory Hatcher you have a primary residence that you are house hacking?

My English language is not my primary one so I apologize if I do any English grammar mistake.

Do i have to go to an attorney or title company to finalize the deal right away or is that after the term is over and the buyer decides that they want to purchase the property and are able to get a traditional loan from a bank . any help would be greatly appreciated thanks

The primary reason is the low down payment (3.5% initial equity)   compared to the Refinance equity requirements (20% - 30%).  

I LOVE the idea of househacking -- unfortunately I found BP & the househacking concept after I bought my own primary residence last year.

My name is Vivian and I'm from Los Angeles, CA.I got interested in real estate after I bought my own primary residence last year, and started managing my parent's SFR around the same time.

AirBNB and VRBO will be your primary advertisers but don't forget about Booking, but do that later once you know what you are doing.

I have done it and it will be a very profitable investment compared to traditional financing since you're essentially investing minimal amounts of your own money and reaping the benefits of the built equity and appreciation (and potentially even cashflow). 

That might motivate them to fulfill a binding contract to sell to you.I can't imagine signing a purchase contract (esp if it was for a primary residence) in which the seller could simply cancel for a better offer. 

In Amanda and Matt's book, Tax Strategies for the Savvy Real Estate Investor, they say if your home office is "your primary place of business" for real estate activities, then you can deduct it.