I live in ATL as well and have 2 STRs in Gatlinburg that have been performing extremely well so just curious.Thanks.  

They may go down another point or so in the coming year and they may go up 2 points in the next 2-4 years (who knows).A model like that will give you an idea of how the ARM will perform against the certainty of the fixed rate.

There's got to be commercial options available for STRs that perform better.

Raising a mobile home is a common task that may need to be performed every now and again, depending on the location.

Your best bet is to contact the commercial banker at the bank who holds the first position mortgage on the property.

I bet you've paid more than just a membership fee, particularly if you've done any deals.Here's the most curious part of your review.

If you do not have someone you can call to perform the work at that estimated cost, it will be a struggle to meet your budget. 

At the start they performed PM duties but sub contracted out construction  and brokerage.

where some guy in sunglasses lets you bet on what number hes thinking of.

I joined for a number of reasons; education being a small part but gaining access to a well established network of like-minded, high performers in the multifamily world was far more important to me.