And there is a wide spectrum of syndication strategies that span a wide spectrum of risk versus reward.

Everybody has to eat so I'm not going to go into the ethics of it but you have to go into this eyes wide open that public adjusting like this is not, in my opinion, a job to use to get knowledge and experience in property management.  

And they can vary widely from one jurisdiction to the next. 

I love the different perspectives which have given me different angles to consider.

The hard point with an adaptive reuse is when you need to incorporate the appropriate staff for the extended stay hotel angle you need the property setup (reservation desk, offices, etc...), additionally there is a marketing aspect to target the people who would be utilizing the short term stay yet longer than you would with a traditional extended stay hotel. 

Any wide frame suggestions or is a townhome a bad plan due to the HOA ?

You'll face a default judgment and end up paying the max because you didn't defend yourself.And from a tax angle—remember the Corporate Transparency Act of January 2021?

Keep a wide net of strategies until you find one or two that work ... and then deep into those. 

If you're set on maximizing your cash-out this time around, it might be worth exploring other options or negotiating with your current lender if possible.I'm looking to speak to a competitor to see their angle. 

Consistent demand.I will add that’s a metro wide number, the actual city has been much more volatile, there were years the city grew high single digits, I think maybe even double digits one year.