The AZ deal had a broker involved, the deal went all the way through the foreclosure process legally and thus was actually enforced by the Trustee at Stewart Title.

After attorneys get involved, parties usually settle for something like 50/50.

That's why they need to not be involved in much of anything.....

Your relationship with a CC means nothing to a bank except credit score-very different businesses. 

Then, once you own it, you can look into refinancing without the risk of a lender failing to perform.As for which strategy to choose, think about picking one that fits your situation and has the best chance of success, especially since you're new to investing and live in another country.Vision the follwoings:Option 1: BRRR - This involves a lot of micromanaging and supervision work during the renovation process, including dealing with contractors, permits, and other details.

@Rome Gal, btw La Costa Resort and Carlsbad Village Inn both sell the same business model as the Hard Rock Hotel in downtown SD.

While I have lurked around BiggerPockets for several years, I plan to get involved in the community here and hopefully give as much or more than I get out of it.

I was advised to use a business account as opposed to a personal one for this purpose.

If you can't treat this like a business and get rid of bad renters, then I recommend you hire someone to do it for you. 

The only thing I can think of is that they don't have any equity in the property or just really really don't want to deal with it anymore.Lastly, how do the banks get involved?