STRs are difficult for a traditional LTR PMC to properly manage!

We can teach them how to live in a house the right way and help them with the bumpy road of turning into a functioning member of society. 😆  That's right Dave, lots of good life lessons for everybody!

I have no need for the rent collection or tenant screening as this is a function my property manager does for me.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Also, do you have the proper insurance to CYA in case something goes wrong?

Now that doesnt mean lowball offers arnt sometimes proper. Ive

It was a 1-bedroom apartment with a weird living room space that didn't feel functional. 

Also, there's the added risk of being compliant with federal regulations & state laws as well as properly assessing/vetting both the borrower and the property.

But current search functions or magnifying glass is inefficient.  

.$10k STR rent on $1.3m property at 80% LTV  will be negative cash flow when properly allocating for all the expenses.