However when I would do work outs it could be a challenge for private second holders to understand the pickle they were in.All the more reason every investor should obtain qualified legal consultation before investing directly into notes 

I was under the impression that it typically is a lower cash flow then STR which is why I haven’t don’t any investigation.

I financed it through a private lender.

Pace provides access to OPM to get started and grow your network and teaches and proiveds access to Rasing private capital to allow you to close more deals as you get your network built. 

Is 1.3 usually what you see with those smaller private sized projects?

It can be used as a 4/2 with a private attached studio, or as 4 room rentals with a separate studio (which is what we currently do) or as a 5/3 SFH. 

I go to a meet up in San diego called private lending masters.  

I've got a 5 br house, 2 bedrooms have private bathrooms, while three of them share the full bathroom off the hall (which is also the "public" bathroom for guests). 

If you need an exit for a reset this may be an option you want to investigate further.  

Looking for solutions to offer financing to buyers:We have a unique asset class that we're building out here.  The land is unbuildable for residences and we build these storage workshops on the properties.  Each lot i...