Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

The owner needs to know you are solid, a good bet.

Is it possible for her to buy the house/land then we subdivide the property (property has an approved preliminary plat for subdivision into 2-3 separate lots, electrical and pluming lines have been put in place for future development).

Themselves.How do I find the investors to line up with my deals?)

Building a relationship with local real estate attorneys or agents specializing in STRs in the area can save you headaches down the line. 

Anything along those lines.

What is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

But if I were you I would be making a immediate bee line back to the property (xmas or not) to figure what the heck happened and quickly make an assessment to get the property back in condition. 

Maybe down the line!

I set up my daily time blocks on GC and watch the ted line steal my day away for motivation.