So he sold most of his property and invested in syndications, dramatically reducing his workload while keeping healthy returns.You may want to investigate and learn from his experience.

You want to really investigate to the best of your ability and be conservative on the renovation numbers.

You'll have to investigate different brokerages to see what they offer or what you can negotiate.

It will be a LD investigate.  

Normally 4 days to do a loan etc is pretty tough and I would say no not enough time.But I went ahead and scheduled a call for Tuesday morning and got all the details and what the collateral would be and what the funds would be used for.Did some basic search's on line.. since he had just paid cash for the property the day before he had fresh title insurance..

They don't care about how the property performs for you.You have a responsibility to investigate the property and see what it's worth.

Am considering renting a room in my house and want to investigate this opportunity. not as lucrative as STR but helpful still and less of a hassle for background checks.  

This winter, we'll close down for 6-8 weeks to remodel before reopening with a fresh look.

I would terminate her lease and start fresh with someone that abides by the agreement.

An insurer frequently doesn't even know the use of the property being insured particularly when it a SFR.I have personally had to provide a state investigator an explanation not only of how I reached a coverage decision but document the timeline during which those actions were taken when an insured had submitted a complaint.