I didn’t read all of the other comments so it may have already been said, but if you do head down this path I’d make sure that the tenant (or yourself) is financially capable of paying for the rent without being 100% reliant on the AirBNB revenue (i.e. have a reserve account).

@Brock Dowis hit it on the head.

We are in the early stages but have completed the feasibility study with our architect and are heading into the pre-approval meeting with the city on Tuesday (12/13).

I’m a new wholesaler to be but I’m having a tough time for some reason trying to wrap my head around high equity owners and why people like to target those kinds of people.

What is your experience and heads up on doing this?

You can watch it and hear the light bulbs going off in your head.

Questions right off the top of my head are: How much should I offer as a down payment?

Use letter head, your logo, company address and website!

@Alec Marchand I just made a similar post as well today and haven’t gotten any replies as of yet but I’ve been on YouTube listening to Max Maxwell just to gain some understanding until I’m able to gain a mentor or just jump in head first.

Still.....I'm heading down to Costa Rica Friday this week for 4 days, will do my final due diligence, meeting with both attorneys (hired one to double-check the other's work), a property manager, the realtor, rehabber and surveyer.