Anybody ever have any luck saying, "Yes, we'll pay the re-key fee, but WE get to specify the brand and model of replacement"?

I would not argue that point, but would not use that in my own business model.

I've considered this business model in the past, but it's always seemed that I couldn't mark-up the property enough to cover the loss I'd take when selling the note.

Now, I'm researching if it is possible to do the same here in the NYC area if I use the same business model (Partners = Realtor, Contractor, Investor)?

It is modeled on British system.It didn't give any more details, so not sure if it will only be limited to corporations or be extended to individuals, in particular landlords.

The 20% will just sit there until rehab and refiancing is done then it will be released.I'm about to do this same thing with an REO that has an ARV of $170k (same model home down the street being listed at $179k).

As long as you stick to your current business model, these prospects are no longer interested in your property.

This is excellent advise and exactly my business model for rehabs.

Corporations require more paperwork, annual registration report and they are more expensive to form.I assume your property is in the US and you are running the landlord business from overseas, but through US business model and tax reporting.

I would venture to guess that the operating agreements of the five that you now have are very similar and can be used as models for any that you add to the series.