Hey Mike, I’m a broker and investor here in Sacramento, and I manage over 100 properties on Airbnb for investors.The Sacramento market is very stable, we do a lot of midterm business, but we like to mix it with short term in order to maximize cash flow and limit gaps between bookings, or “orphan days.“ When can we see the project?

If you're certain the type of renter you're going to get are traveling medical professionals, you know they're on short term contracts (typically 13 weeks).

In any case, you need to make sure that the HOA will let you use it as a short term rental.

It’s a long game so worrying about the short term is kind of pointless.

Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance! 

Quote from @Adam Terneus: Just got another email from Marco…😑17% Interest Promissory Note | Short TermsMy partners and I are raising $5 million of short-term expansion capital for our exciting and profitable growing business, the Aspire Tour.

. #922-2, pp. 86–95) (noting that upwards of 90% of transactions on the Subject MLS offer buyer agent commissions of exactly 3% during the class period, with the exception of the MARIS MLS consistently offering 2.7%)....Although it is true that a nominal commission of $1 would satisfy Section 2-G-1 and Defendants agree such nominal commission is mandated, Plaintiffs have produced evidence that no transaction within the Subject MLS took place using a nominal commission.

It really comes down to running the numbers and seeing which option offers the best balance of costs, monthly payment, and future flexibility.In short, a DSCR loan might work, but it may not be the cheapest or most suitable option if a second-position loan or HELOC can accomplish the same equity pull with fewer costs or better long-term benefits.

What contingencies were included in your purchase and were you within those contingency periods? 

I wanted to get feedback on managing short term rentals in Hawaii.