Bad timing, a dishonest seller, and some twists of legal hurdles that we thought could be overcome turned out worse than expected.

Thanks for posting this.Aloha Berry, thanks for your gentle input...Just to be clear, I absolutely do perform my Own Due Diligence on every property every time.

Because there are newbies on BP who look to these kind of posts and feel they're inadequate...or who go and dive into dangerous deals in hopes of replicating this and end up getting scammed.If it's too good to be true,it probably is.I'm not a hater,I just like being the gentle voice of reason/caution in the midst of rabid euphoria.If it's a real deal,more power to him.But we don't know that until he gets back on his own thread and provides some meat on the bone.Honestly if you made this post yesterday I'd say "common man, ease of the kid", but I think you might be right  :(

For you to assert I am doing so is to twist what I have said. 

BRRRR with a seller carry back twist!

Here is a little twist for the 200K.If you became a private lender and invested in other projects you can be passive with it and get a great return.  

Originally posted by @Kris Bucci:I’ll throw a twist at you.  

Is the theming "typical" or does it have a unique twist which adds excitement?

With any STR now you will need to have a unique twist on your property to create an experience. 

clients of mine who did not have 600 dollars to do the simplest repairs and they end up defaulting on us.Land lording takes reserves and not just a few grand. the no money down deals that are done with sub too and sandwich leases in my mind are not appropriate unless you have a lot of knowledge and cash reserves to make sure you don't twist up your seller...