Is it conceivable that they could have generated interest from someone with a large amount of cash, but not in a position RIGHT NOW to obtain a mortgage loan?

The STR market—especially in vacation hotspots—can generate solid cash flow, and it sounds like you’re ready to dive in.A great starting point is to focus on researching markets.

Just weeks away from wrapping up another successful project that is generating a 12% APY return for our private lending partners.This got me thinking about what makes real estate partnerships truly work. 

This past summer (our first season) we had many multi-generational family reunions book stays.  

A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.

Ask yourselves what you hope to achieve—are you interested in generating passive income, building equity, or perhaps developing properties?

Unfortunately, the younger generations are being told they can have everything they want right now by borrowing money from someone else while quitting their job, driving expensive cars, and drinking $8 coffees and DoorDashing dinner every night.

And she can always add roommates to generate more income.Just know that when you later sell she will only be able to take advantage of the primary residence exemption for the % that she actually owns.

Unfortunately most have made lifestyle changes relying on checks that will never be cashed but can't fault the inexperienced investors with the amount of materials online, social media etc. where coaches, mentors and gurus share the ease in which they generated massive wealth in these neighborhoods.

The latter process would take more time (due to capital generation from other sources), cash investment and end up with much less capital appreciation over time but would also carry much less potential risk.