Most wholesalers require no-refundable "earnest money" so in the event the buyer backs out of the contract, you are not at a loss. 

If that is the case for these folks as well then they should simply reach out to their past investors unless they did them wrong.

Its not just buy a place and toss it on Airbnb; its a business and it requires knowledge, resources, and recognizing that there are many different ways to have an STR business if you want the ROI. 

Sell.I am really concerned about trends I have seen in Florida where condos are being shut down due to unpayable costs/assessments, the building gets torn down and then a new one rebuilt and the condo owners simply lose everything.The idea of an HOA on sterroids makes me want to avoid them but then the added risk of shady tear downs makes me avoid condos like the plague.

Analysis:Sect (f) - Right now only a 30 day notice is required by policy (not statute) in Alaska to raise rent on a month to month rental or end of lease agreement.

Another week to collect security deposits, review applications, and place tenant is another $21 per month lost.If the price had simply been reduced by $50 per month after a week with no applications, you've essentially broken even.

When they do that, they have the ability to sway from normal Fannie Mae and Freddie Mac requirements which require a certain number of years of employment and a multitude of other items. 

Compensate them for the work after it's completed to your satisfaction, just like any other professional.He may require a property management license, depending on what tasks he performs.

While I have not encountered this, and know there are very odd requirements placed on property owners looking to develop land, this feels a little off given there are other property owners on the road and life-safety access tends to be the top most requirement in all roadways.

The property will likely require substantial work to make it a rental.