Everyone needs to be extra careful and do their homework.

I did a survey last year and spoke to 8-10 lenders and they all said they wouldn't add extra value to the property based on it being a working STR.You need to check comps of other mobiles in the area of similar quality and price it accordingly.

I had an empty LTR that was unfurnished and they paid an extra 650/month and also paid to furnish it for a 6 month rental. 

As long as it is not over 25% of the going rate, Id happily pay extra for a knowledgeable person to help me make my problem go away.

You don't need to add the extra step of doing a cashout refi as you aren't keeping it and it costs a lot of money to cashout refinance.

The dollar-peso exchange rate benefited us with respect to fees, so we have some extra class A shares we can use as collateral. 

It will take extra work at first, but the payoff can be well worth it if you’re up for the challenge.I won't sugarcoat it—BRRRR isn't easy, especially when you're juggling everything else in life.

Hey @Himateja Madala, let's get a shout out to @Shawn McCormick who knows a ton about the area.I will say that it is a tough market and you really have to go the extra mile.

As Pari said, you can learn notes and earn more than that, or if you want mailbox money and do no work, JV with a note investor and you can get 12%+ and your money is not tied up for years but on average 12-18 months (or less) depending on the deal. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!