Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?

I know a broker who spends like 20k - 30k per year in buying leads, paying for blast emails, buying lists of names of investors, etc.I like to meet people on the personal level first, I feel like people are way more responsive if at first I help them by answering questions, or offering advice, provide them with incite, etc.Most people do not know what they are getting into in those first deals, which is why we hear so many nightmare stories. 

Being able to shuffle leads from MTR to MTR is a huge bonus and you can benefit from the economies of scale faster. 

The appraisal district shortly thereafter corrected the tax allotment “anomaly” between the two lots, but the investor never made a tax payment and eventually lost the lot to a tax foreclosure.  

I now live in Indianapolis and work exclusively with OOS investors, particularly those investors looking to acquire cash flowing small multi-family and/or short term rentals.

My focus has been taking abandoned properties and renovating to rentals, both short and long term.

@Karen SmithAs jay mentioned private lending has been around forever and it’s really not on the rise - I think it’s always been a large player in the real estate investment space for short term loans.

Not aware of a lender that will allow a rookie to do this.Recommend either starting smaller and working your way up to this or partnering with someone you can learn from that can be your lead with lenders, etc.

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

And than we have all those requirements to meet to get clean designation. people forget the age of many of these homes; lead, mercury and asbestos.