Negotiations focused on a win-win approach, securing the property at $197,000, aligning with market value, while setting us up for a profitable resale with a trusted buyer on the same day.

My idea is to refinance after the rehab, use the proceeds to build the second house, and repeat the process until all seven homes are completed.

(For example, explain in your listing description or a message to the guest that you will email a door code at 9 AM EST on the day of check-in.)Vrbo’s actionsIf a guest contacts us within 72 hours of their check-in time because you didn’t provide information critical to their stay, we may take the following actions:Depending on the issue, we will either provide the necessary information or contact you for a resolution so the guest can proceed with their stay.If we’re unable to resolve the issue or reach you, we’ll cancel the booking, refund the guest, and help the guest find somewhere else to stay.

Please provide any thoughts on how to improve my due diligence process.Below is the breakdown of the math I did: 

Just like @Russell Brazil said, I would review your contract to see if any of the established terms are not being followed.

Wishing everyone the best!

Looking forward to taking the leap.

The current discussion is that we'll agree on a payment and then "x" amount of each payment (same every month) will go to principal (instead of following an amortization schedule). 

From, "someone ate my food" to "someone takes long showers and uses up all the hot water" and even arguements over parking spots.Who wants to handle all that extra nonsense for "free"?

Will the Midwest and/or the entire country pay the price again?