These lease breaks will cost me 100s of man hours trying to fill these vacancies, repairing damage left behind, and pursuing the civil cases.

Where I see mistakes made in the note space are:1. companies turn into marketing and education - they lose focus on underwriting and managing their business.2.

I made the transition to commercial about 8 years ago and happy to lend my insight

Well how long has it been since you’ve made a payment. 

So the actual tax bill is going to be impossible to predict without looking at the individual owners' personal tax situation.How much of a gain do you think you made on your first flip?

Do plenty of research and find out what other mistakes have been made in your are and learn from them.Both are great options but maybe doing a simple pros/cons list for both STR and LTR.

Purchase price: $1,100,000 Cash invested: $50,000 Short term rental in Bastrop TX What made you interested in investing in this type of deal?

Your post made it sound simply like a mortgage and its payments were not being reported for your credit report but your post makes it sound like something different. 

What made you interested in investing in this type of deal?

Many decisions can be made to keep a project on track as it goes.