I’d love to hear about any challenges or strategies you’ve encountered working with SB 9. 

Your journey into short-term rentals sounds like an exciting shift—I can feel your energy for taking on a new challenge. 

Challenges?

Apparently a lot of times the owners have more games than their floor can handle and/or have underperforming games that they can sell you.

If I finance the rebuild then the 1031 exchange presents some challenges (I will need to land a property that cash flows or breakeven so that I can get the loan for my rebuild, or banks will count that debt against me).

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

In fact being current on payments is the biggest challenge to getting a short sale approved. 

Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it. 

Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.

@Breeya Johnson Austin has gone through numerous changes the past five years, both good and challenging.