Though not cheap, Perrysburg has seen consistent appreciation, making it a good bet for long-term growth.Investing $100K+ in Toledo:If you're putting $100K+ into one property, Ottawa Hills and Perrysburgwould be top choices for appreciation-focused investments.

SFH can have more value add options and choice of area to buy.

Ultimately would like to make connections so thank you SO much for your time and willingness to lend a hand to a new investor who is staring down into that water, wondering if this is the right leap...Much appreciated,Jon

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Another choice is that you have the level of interest that should be expected at a 15% vacancy rate.  

Im 23 and will continue to work until 30-35, and by then I would be able to either continue working BY CHOICE rather by necessity.

In the end the mortgage will still be in your name, and you're ultimately still responsible for the payments since there's a personal guarantee.  

So Peerstreet ended up foreclosing, and ultimately netted about $3 million on the subsequent property disposition. 

This makes it an essential tool in the capital structure, particularly in challenging financial circumstances.Overall, while both Mezzanine Debt and Preferred Equity have their unique benefits, the choice between them should be guided by the specific needs of the project and the financial goals of the investors.

Agreed with above - explore every low cost option to collect, but ultimately, it is the cost of doing business.