I’ve figured a bridge loan could give me about 1-1.5 years to find a new partner without losing the site.Who can help me this?

I imagine doing it that way would get a lot of sellers on board because they have absolutely nothing to lose because the property is not tied up?

My main concern and where I lose money is when tenants move out and give a month or less notice, which creates turnover time where rental is not rented.

Do they understand that they could lose their money?

I don’t think we’ll lose many bookings, and if we ended up with a 2 or 3 week self quarantine, I’d think we’d still get guests that want to quarantine near the beach.

There's no test, no interview other than five minutes over the phone, no references -- any warm body will do.

If he’s in danger of losing the house I want to approach him and propose a win win strategy where I help him financially, and I end up with the house free and clear, or with him as a tenant, and me and the owner in the long run.

At that point, I feel like I could potentially LOSE money on a monthly basis.

That will be the difference between break even (or lose money) and cash flow.I think the real sticking point is going to be the return on the $70k.

A $100 increase can shock a lot of people and may cause you to lose the tenant.