The seller countered, explaining that they had installed a new AC unit and made other updates and they would not consider going any lower. 

I would then contact the tenant and explain your plans for renovating the second floor, etc., and tell them you want to start in the next 30-45-60 days.

Hi @Nir YoshaI would recommend looking through the profiles of the investors in your area and then reaching out to those investors specifically & explain what you would be bringing to the table as a fellow investor as well.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I explained it to you in terms of triple net leasing.

This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...

I would connect with a broker who can help you compare terms across a wide variety of lenders and explain the differences in underwriting, rates, fees, etc.

In my opinion, this explains the motivation for Pillario to give me an unrealistically high number.

Probably based on this "Within 21 days after move-out, the landlord must send the tenant an itemized statement explaining in detail any deductions from the security deposit (unless they total less than $125), and return the rest of the deposit."

This structure explains why institutional players dominate - they likely have the capital, connections, and infrastructure to operate effectively in such an environment.