Selling now avoids capital gains tax and lets you reinvest into a new primary home and a solid rental property, which feels like the safer play given the cash flow challenges and ARM timeline.

.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.

Given the legal challenges that can come with Foreclosure, I recognize the importance of having an Attorney involved for the Foreclosure process.

On the surface, it appears to be a straightforward role, but it becomes far more challenging when faced with issues like non-paying tenants requiring eviction or broken systems that haven't been properly followed.As a self-managing property owner, it is absolutely doable—but success depends on treating it like a business.

Challenges?

I chatted with a lender about the DSCR loans and he said that Padsplit (room shares) would not technically qualify for DSCR although if it’s vacant at the time of closing, it should be fine.

A couple questions for the group.How challenging is it to mix STR with MTR in this way?

There is very little technical knowledge needed, but there is a lot of common sense needed.I would google "rental property investing for beginners" and see what you uncover.  

What’s the biggest challenge you've faced in automating your short-term rental?

.: Quote from @Noel Parker: "he gives so much to his community and i would challenge you to find anyone in his community that say they are not getting their value."