I’m concerned that $60K ($50K after penalties) won’t get me far in starting a short term rental though… I’m also hesitant to do a cash out refinance on my home loan because we have a great interest rate at 2.625%.

Hi Vincent,A fair finder’s fee or "kickback" for an off-market deal typically ranges between 1-3% of the purchase price, depending on the complexity and value of the deal.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Andrew Steffens hit it on the head, in my opinion.

This ticket also comes with one of the workshops on Sunday.

We have 45 RV slots on site.

I do a lot of business on the nearby barrier islands of Anna Maria and Longboat Key.

It's an FHA Streamline Refi, we've done it twice on our home.

In either case look to list/find on Furnished finder. 

I'm also working on ways to separate myself from the majority of these wholesalers that are independent and not offering the best deals.