We were going to stay here but someone rented it for a week that was displaced from another STR that had damage. 

In addition to joining the seller to the buyer at the hip for several years/decades when the seller wants a clean break, the properly-discounted, risk-weighted, money to be received by the seller is less than the immediate sale price.

Many arrive at this strategy through paid mentorship, while others settle on the strategy through their own education because its such a  widely discussed strategy with so many industry participants peddling the concept thanks to the low barrier of entry and ancillary services and fees that are generated.  

go ahead. 

We will always have desirable locations that have more demand than supply and the excess supply will go somewhere.

This would be our primary residence.

*This post does not create a CPA-Client relationship.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Any other requirements on the seller to do this correctly ?  

Michigan is my cash flow go to in my investment portfolio :) Planning to get a couple more properties before the end of the year.