My advice, if you want to invest in STRs, is to go to vacation destinations, think National Parks, beach towns, etc, where the laws are STR friendly.

Investment Info:Small multi-family (2-4 units) private money loan investment.

Hi all, I have a property in Mansfield Ohio that I am looking at as a first out of state investment. 

This gives us the ability to help our clients structure creative investment deals as attorneys and help them close those transactions smoothly. 

Unfortunately this is not as apparent and may require speaking with past borrowers but I would go with the lender with a streamlined and rationale draw process even if the underwriting/ origination process requires more of my time & completing/ turning over additional documentation.

Don't ever spend your last dime on an investment!

This doesn’t occur often, but the deal is so good, just a few of these in the course of your real estate investing career will turbo charge your pathway to large net worth.Since examples can provide clarity, I’ll provide two examplesA number of years ago (7 years) I was approached about purchasing a note from a property owner who sold his retail center and carried back a $500k note, current principal $476,000.  

They originally booked for 3 months, and we agreed to a signed 3 month lease agreement. 

I'd suggest finding an investment brokerage that sources deals and double closes as well.

I’m looking to get some insight and truth to possibly investing in the area of Pittsfield, MA.