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

Our goal is to have a short term rental business and build it over the next several years.

His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.

typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt. 

To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.

Properties in or near these cultural zones can be prime for short-term rentals or Airbnb.3.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I have some rental property back in Atlanta, and have been wanting to get into short-term rentals through Airbnb for years.