I am looking to refinance a 3-unit mixed-use facility (one-third commercial, two-thirds residential) in rural Upstate NY. 

Ithaca, NY is seeing even more new construction happening (100s of units in the works), despite a large number of projects having happened in the past 10 years. 

We have 49 units (Husband/wife team self managing) that we can fill fairly quickly.... if we are on top of it.

You can live in one unit and rent out the other three.

We rehabbed the entire property and added an additional bedroom to each of the units.

Purchase price: $23,000 Cash invested: $1,500 two separate 3 bed 2 bath mobile homes sitting on rented lots. 10 days for the first unit to rent, first of march the second unit rented.

Should be around $1k per unit.

If you are looking at the unit I am thinking of (I am also in Pensacola and know the area well) it is a townhouse not a condo. 

need a lending outlet suggestion for this property.2 unit ocean front STR 689total sqft3+ years of STR historyHair - there are NO other 2-plexes in the area, and appraisers have been using 3,4,5 units etc. that are 25+ miles away which is making the AERS report flagged for warning / total gross adjustment are like over 120%Basically at this point looking for a self-serviced bridge lender who won't care about comps/appraisal so the borrower has time to find something more stable.

Building on what's been said so far, STR is hard in Philly, and hard in general right now with the market and platform fees, etc.You owning the property and living in one of the units gives you both more flexibility and more oversight over the other 2 units to experiment.Assuming you've gone through the regulatory hurdles, you should rent one as a long-term rental.