The start state can even be tied to when the property begins cash flowing. 

A little bit of charm with them has gone a long way**************************** Good for you, if that works, although, it is technically not legal to dictate who the appraiser is, either by you or anyone directly connected with a financial benefit resulting in the transaction (i.e. anyone at the Lender that is tied to the transaction closing).

You needed to find the answers to these investment questions before you tied up someone's property. 

If you want to boost cash flow by cutting down on insurance, just raise the deductibles. 

Case in point - we found a wholesale property we liked 2 weeks ago - we offered $15k over ask (yes, 15k over ask on wholesale - that's how crazy things are here) because we were going to finance it, as our liquid cash is currently tied up with other rehabs. 

I lend out money when I don't have it tied up.

Also look at the monthly bills for electric and heating....and if there is a pool(s) the water evaporation replacement costs.Does it have 100 year old chimneys that are unusable and crumbling, needing expensive scaffolding re-pointing or removal.I'm just pointing out there are LARGE dollar outlays beyond normal for these big Trophy Homes that it would be smart to budget for monthly.Do you intend to ride a lawnmower and cut the grass yourself or pay for it--etc...

So, this would cost you a lot of money, thereabout cutting into your profits.

If you are re-wiring the house, you do not have to demo all the walls, just the cuts to run the wires.

Originally posted by @John Underwood:I've never had provide a CC to Airbnb and if I had to send a guest money it would come out of current Airbnb income.The only reason Vrbo has my CC is to pay the $499 annual fee (which is worth every penny)John, are you grandfathered into the annual fee or something with VRBO so they don't take a percentage cut of stays?