Austin is more of an appreciation play than cash flow. 

I would try not to tie up any of the principal in down payments.Personally, I had a family member do this same thing, but they used an investment portfolio as the collateral instead of real estate.If you play your cards right, this might be the only short-term money you ever need.Please let us know what you end up doing.

Some neat shops and bars there, and a brand new fishing and entertainment pier is scheduled to open this year.Congrats on your STR in Savannah! 

Even trusting a brand new GC who's licensed/"qualified" is a risk from out of state, let alone out of country.

Mailing is a slow play and takes volume.

The fact that you evaluated whether to sell or do a cash-out refi shows you’re playing a long game and keeping your options open.

This is in an effort to let the investment play out and try to minimize their loss. 

I even purchased his cash flow board game to play with my family.

A good attorney, RMLO, and servicing company play a big part of this. .

Yea this is a long-term personal play more than a strict STR deal.