Private Money How did you add value to the deal?

Which means even if you had an inspector there on that day, it would be a few days before you could get coverage (assuming there were no issues needing remedying first, like an old water heater, roof, etc.).  

How would it even be possible to supply a 60 day notice on a lease term that's 30?

Private Money How did you add value to the deal?

So, even if they have money to deploy, they are feeling very risk adverse.  

The best strategy in Mexico is holding short-term rentals and it's often even better than in the US because of the high cash flows and the almost guaranteed lack of regulations, which is a huge problem in the Us another developed countries.

(at least for now) Even with a somewhat slower year than last in rental demand, even with interest rates returning to historical norms, overall home prices in the Gatlinburg market continue to remain stable, if not slightly climbing. 

Have you looked into what rates you can get on just a hard money loan and how does that compare to the APR on this card?

Stay away from the lower income areas, typically we see properties more distressed, more challenging situations with tenants and late payments etc, we manage around 400 units and from experience its worth spending a little more money to be in a better part of town with more qualified tenants.

The earlier you recognize this, the better off you will be in the long run Exactly this is the kind of borrower that is a freaking nightmare and I personally would not even engage or write them back..