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I have a very difficult tenant in another state and just consulted an attorney about a non-renewal and likely ultimate eviction.

From what I'm gathering on this thread, though, it seems like there wouldn't be anything to "preapprove" if the intent is to use a portfolio loan; you'd have to have a performing asset in place in order to demonstrate an ability for the investor or LLC holding the property to pay back the loan, and you'd run the risk of leaving all your capital tied up in the property if you were ultimately unable to get approved for that portfolio loan when the time came. 

Fundrise was created in 2012 and is better but still ultimately in the same boat.

It's about creating spaces that people love, enhancing guest satisfaction, and ultimately boosting our clients' investment returns.I look forward to sharing insights, learning from your experiences, and hopefully helping many of you thrive in your own STR ventures.

Ultimately it's a matter of preference and deal dependent, and inspections are not necessary if you're confident in the price you are getting

So I'm on Schedule C .... and my very expensive home ultimately generates a large loss.

Ultimately, the decision is entirely up to you.4.

But ultimately I’m not opposed to taking a calculated risk as long as I have a complete picture of the situation. 

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