I've talked at length with him about buy and hold and other strategies but hadn't had storage on my short term radar.

short track record

Here is a latest one:4 Bed, 1 bath, 1100 sqft in East Tacoma, Residential quiet neighborhood Acquisition Price: $136KRehab Cost: $40KHolding Costs (Short term finance, closing etc.): $10KAfter Rehab Value: $230KWalk-in Equity: $44K (19%)Scope of Work:  Fence, Kitchen-Bathroom complete gut out, new heaters, lighting, interior and exterior paint, floor, windows, door, fence, other handyman fixes, appliances.Congrats to partner @Pradeep Tiwari, Anup ShahThanks to @Timothy Tooker  @Richard Rolle for helping us build the acquisition scienceHere are the pictures:Before:AfterTacoma, Pierce County, THurston County, Puyallup, Seattle, King County

I will read through this information shortly.

Short term comforts: Buy a CondoLong Term Wealth: Buy Multifamily and maximize that loan

Hard to do in a short period before close.

She'd alerted me on the first that for the first time she was short and asked for an extension.

Long story short, the worse we could do to him was damage is reputation on Facebook (it's a small town so here it's significant) and put a lien on his property.

We have been told that in this area most HOAs do not allow Vacation rentals/short term and will find owners.

If so, we have a forum on BP dedicated to short term rentals where you can hook up with other members with similar properties.