Hello,I have invested in a few properties meant for long-term renting.I have also since started a rental property management company that operates in areas we know very well (ascendiadynamics.com)Porto and Lisbon are very expensive areas at the moment. 

Here's a timeline:December 15, 2021: Land purchasedJanuary 14, 2022: Closed on loan with Center Street Lending + First deposit made to Delta BuildAugust 25, 2022: Permit approved by the cityOctober 21, 2022: I was informed by Delta that my loan with Center Street Lending was cancelled (which meant that I lost around $15k which I had used to fund the initial loan) and that I would need to find new source of financing and that the Draw 2 was now due.

Hi Kent - Do you have an article meant to be attached with this post?

But, I recovered well enough.Life is meant to be lived on your terms. 

If not, the deal wasn’t meant for you.

That lasted a few months, but the REC recently released a new bulletin clarifying the legislation and basically saying that bill was meant to stop all forms of "wholesaling" as a business practice. 

STR's, if done right, are viable long term investments meant to cash flow at a reasonable enough level to properly maintain and improve them. 

Even though it did "cost me more" by splitting my profits with my investor, it meant I wasn't pressed against the clock with each day costing more interest.

Some people that my broker knows spent money on an attorney to draw up a contract who meant well but caused more harm than good.

It can't be too strong cash flow if replacing some appliances put you into negative cash flow (I assume you meant deficit, and truly didn't mean defecate).