There will always be demand in the market (it's not like some covid markets that could disappear as vacation destinations almost entirely over the next decade), and the regulation risk is as near to zero as you can get in this industry so long as you buy in the approved tourist zones (again, compared to some smaller/less mature markets where they could outlaw STRs tomorrow).For short period cash flow there are better options. 

If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.

We have a Pottery Barn table at our personal house and we would not buy it again knowing what we know.There was a lady I know that got bedroom furniture that was made out of plastic material and looked good.

Presumably the borrower is unable to refinance at current rates.The borrower may or may not be making payments on the note, even though it is past maturity (is it a problem to foreclose if they are making payments?)

Lady at Henderson said “good luck finding one” LOLThank you for your response 😊

Let them  mature and re-evaluate what's the best course of capital. 

I know people that are really good at their trade (plumbing, cleaning, electrician, etc) but they don't have financial discipline, they don't know how to market, they suck at customer service, they don't use tools to their advantage, etc.Cody Sanchez (lady in the video) buys different types of businesses and makes them profitable by applying basic business disciplines.

The fire hydrants don't work, the "water lady" who gets paid $750,000 a year to turn the tap on didn't do that, and on and on and on.

We just had our 3-year loan mature on 2/2/24.

It had about 40 something people in there and and at least 36 of them was signing up... me,my wife, and a lady I met at the event walked out....pure scam