The cost of a marine grade grill is hard to justify for a STR.

But to get going, someone has to pick up the financial responsibility of the downpayment and holding costs.

If you can avoid doing an Ellis Act that'd be ideal, b/c it's still going to "cost you" in other ways.

There's the down payment, the closing costs AND the delta between what's left on the loan and their offered price.AND don't forget the time involved to assume the loan.

They cant be expected to run to the shop, grab materials, install at cost.

@Karim Wahba, to add a little color to Chris's comment: the typical syndication costs between 10 and 15k to setup.  

Go with Hostaway, great cost-benefit, and it's integrated with Turno as well!

I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?

I would do nothing with it right now as the cost to borrow it is too expensive and real estate returns have been compressed.

Circumstance of needing a place to live with the intent of selling for a profit mitigating costs How did you find this deal and how did you negotiate it?