I have the funds to rehab to get more for rent but not the initial down.

Just trying to imagine how to compensate for an office, but also when the person uses it full time as a bedroom

When I was working at an STR Fund, it was a relatively long process to get our homes listed on other sites besides AirBnB & VRBO.

Build relationships and don't treat every person as a transaction, and these types of things won't happen to you.We lend to plenty of investors who use the same wholesalers time and time again and don't try to do any of these things because the numbers work for everyone.Build a quality book of business and none of these things will be issues.

Personally, I don’t see how they can continue ongoing billing or anything after we cancel.

Then, once you have a new lease in place with a start date, calculate your lost rent - which will likely wipe out any security deposit funding he/she might get back.

I really like the equation, though, because it does encourage/provide the idea that house hacking can truly increase your personal net worth and be a better option than for example  (having a relatively higher income in town A but you rent versus lower income in town B but you house hack -- the NWROI may tell you house hack in town B!

Whether it’s worth it depends on your personal goals and financial situation.

Others, like this one, are so blatantly bad that the sheer volume of people raising money for them have destroyed the reputation of fund of funds across the entire industry.

Once you have an idea of the cash flow in the future state you can then spend most of your time determining the funding for renovations to get the property to that point.