Doesn’t matter if they’re in left field; doesn’t matter if they’re about to throw $40k they don’t have down the drain; doesn’t matter that they’re about to send an already shaky marriage into crisis mold; no, they want a “warm and fuzzy”, an “atta boy”, told they’re headed for wealth and success, even if it’s a total lie.So it struck me - THIS is what the guru’s sell.

Sell the property purchased as single property as 2 properties.  

Would a loan even be possible for a non-finished project? 

What the contract does is lock in your rights as a buyer but delays closing until some future time, possibly years or even decades. 

I have a feeling the broker is aware of it.Can my ex-agent claim her commission even after abandonment?

Some cons investing in Tahoe :- the reservation ratio are not that high as supply is abundant- the limited number of STR permit makes them challenging as we can only invest in certain geographical location.If I really have to buy in South Lake Tahoe I would just buy single family, rent it as LTR, and then I place an RV or buy only house with ADU so I don't need to deal with STR-crap LOL....

A Closer Look to Miami Single Family Homes in Miami DadeClosed Sales: In June 2024, Miami had 966 closed sales of single-family homes, just a bit lower than the 1,004 sales in June 2023.

Even though some deals I made $10K, but I'd like to say it is totally not worth it, the stress(From HML and fear of losing money) and time I invested(few hundred hours in managing each project), $10K is really too little in a project, at least a Flip Project should make $50K, otherwise it is totally not worth it.

In addition, when you get appreciation, you get it on the $1M even though you only have $500K in equity.

However I would hate for them to do this to their current landlord, who did not even call us for a previous landlord reference.