Additional forms of ID, etc.In my experience, going after lost rent and repair expenses is normally a waste of time.

And what are the requirements for those funds during that transition (i.e. do the funds have to be in a separate, isolated account - or escrow - similar to 1031 Exchange) when/if there is a time between the Sale of the first and Purchase of the replacement?

Cleaning fees are a pass through from the guest, so you would be receiving the payment from the guest within a short time after check-in and then you can directly pay the cleaner with the cleaning fee you received.

I'm just having trouble making the contracts and would like someone to walk me through my first deal, if you have knowledge and spare time.

The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

I am a full time passive investor in real estate syndications.  

If you're a first time home buyer ideally you'd want to take advantage of some of the FTHB community bank mortgages.   

View report*This link comes directly from our calculators, based on information input by the member who posted.This is the first time I'm using the calculator. 

So now I am stuck as I am not able to recover the money already spent to continue the project and I am concerned that not only this project is going to cost more morning but also my profit margin is shrinking as more time passes by to pull permits and now a can of worms has been opened not sure where to go from here.

Which unfortunately these comments require extensive legal time which equals a lot more money.