Some are more friendly on terms and have more leeway.

I would recommend prospective wholesalers (if they are absolutely clueless about the property valuation, don't have REA who can run comps on MLS, don't know what ARV is, can't figure the cost of repairs and don't know about short-cut $30-$35/sq ft rule, 70%-75% rule and etc.) to pick a property they consider to get under contract and contact a local HML.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

@Don KonipolSo we have a short term loan with someone and as part of the loan they paid all the interest upfront (12 month loan), loan is maturing and they have extension options (for a fee) - they asked about the extensions and we said it was X amount for the extension and you would also start paying the monthly interest as well.They flipped out and am like what do you mean I have to pay interest ?

This is going to be a long-term rental and although I won't be living in it, I want my tenants to be safe and feel comfortable if I ever need to sell it so will be doing through extra diligence.

B) Hold the lots, pay the taxes each year and just sit tight to see where things go, hoping in a few years demand will pick back up and then either sell the lots or build. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

My husband and I are planning on putting one the rooms in our house on airbnb, either as a short term or medium term rental for travel Healthcare workers and such.

My question is should I hold the property and put a long-term tenant in the place?