Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.

If it’s a good deal based on the comps, and in a good location, then I’d look into a conventional loan and maybe putting a little more down so that it cash flows.

We are considering stepping in and trying to buy the place, but looking for some guidance on STR and what kind of money this place can bring in. 

and some guidance from the FTC is here: https://www.ftc.gov/tips-advic...Simple solution - DON'T.

Which based on the gnashing of (mostly “frugal” REI) teeth, was the lowest in the industry (for most of you, especially with multiple, active accounts).I have my IRA, HSA, and CESA accounts (more on Solo’s shortly) with Quest.

Good you are researching this topic - I also love subject tos and have written a book on the topic.  2. 

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?

@Varun Chawla I'd love for other experienced investors to chime in on this post because I'm interested in the numbers. 

We keep chugging along. 10.2% appreciation in 2024! 

Have you read, "Long-Distance Real Estate Investing" by David Greene?