@Alberto De jesusThe lease has clear terms, with late fees. 

Be sure to check out those featuring @Brie Schmidt and @Wendell De Guzman who both operate out your way.Good luck and take action! 

I am also a realtor in MD & DE and have been helping other people get STR's in that area. 

Phase I (Current)TI ImprovementsReserves $75,000 Phase II Exercise lease option $100,000 - $150,000 (20% down shared) Secure long term debt (Fannie /Freddy) Phase III Develop out initial property $250,000 Control of additional ARF-DD $500,000 - $1.5 MM (transactional)We are interested in understanding if, this fits any of your origination buckets, or if you can provide some expertise in helping us identify the best fit structure’s to seek the financing:Starting the facility, opening the facility, scaling the model.I have of course pro forma and more detail, we appreciate any input specific to our target niche.BestFred & Rose / Casa De Fabiosa

David BeardI've never been a big fan of registering an LLC in NV, Wy or DE.

@ Laura Costellowe in IL are a bit different then others, so I'm going to call @Wendell De Guzman in this thread in the hope of you not knowing a lot about TTT (Tenants, Toilets, laTe night calls)continuous success

Low ball the heck out of as many as you can.. usually just a postcard with your offer written on it.. 2. once U have the properties in your name resell them on easy terms .. this system is well over 100 years old.. there is no magic or nothing new its simply shot gun then low ball then resell.. that's the programalso if you look at the top of the thread 7 years ago he was selling how to do tax overages that most states have now really clamped down on.. now he is selling how to flip land.. its just soup de jour and good marketing. 

Also look into setting your LLC in states such as Delaware or Wyoming for maximum protection.

I have always thought that a <150K small estate probate (DE-310 )  could be insured w/out a probate action, along with sheriff sales and post-tax sale properties.The other issue is this idea sounds like the type of work the I suck at (employees, meetings, more meetings, ect...).  

They have eliminated or de-featured stuff like those items and the Q&A section, which were some of the better features on LinkedIn.