Give it a try for two consecutive projects and see how you perform by project 3..... you will be surprised how such a small tweak to your budget can impact the overall project performance. 

I honestly feel like the juice is worth the squeeze in STR/MTR and may even continue this strategy as I find myself to be more adaptable and capable of performing.

Short-Term Rental (STR) Options: If an Airbnb on your street is performing well, consider converting your property into a short-term rental.

With your extensive background in appraisals and commercial real estate, you're a fantastic addition to the community.

Driven by favorable interest rates and stock market performance, debt issuance has been the main capital driver.

Most seasoned professionals in distressed real estate either transition from extensive careers at real estate firms or legal offices that deal with foreclosures and similar issues.

It is not at all uncommon for 1 of my 3 properties to be late as the tenants are trying to stretch their checks to meet the end of the month.  

Reaching out to all you note/CFD veterans again.It's my understanding that in certain states, for delinquent/non-performing CFD's, you must go through a standard foreclosure process (once all other methods like forbearance and modification have been exhausted).

I have no part in it other than owning the property and performing property maintenance.

Performance Tracking- Monitoring Metrics: We keep an eye on key performance indicators to find areas for improvement and make adjustments.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.