They have offered to sell this place and gift us a portion for downpayment.

The guy offers a free wholesale contract to download.

After a few months the seller actually came back with an offer that worked great for all involved and we put the deal back together.

Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!) 

It's expensive, but this might be the time to tap those "get cash fast" offers from your credit cards.

Our offer was accepted yesterday, and our five day due diligence is supposed to start tomorrow.From what I have thoroughly studied on the comps, they do sell within a decent time frame and for much higher than the purchase price, although the majority of comps are slightly larger in sqft.

This entails being aware of the advantages it will offer to both parties as well as how it fits into their respective long-term company strategies.

Thanks for the insight!

I would greatly appreciate any insights, advice, or experiences you can share that may lead to a viable solution.Thank you for your help!

Hey Dick, What terms are they offering you?