I can pay for all my problems using the cash flow from my current rentals.

I currently own a two-family home with my girlfriend, but I plan to refinance in 2025 and start fresh with a focused expansion strategy.

It seems tough to find even mediocre cashflow on turnkey properties, and I'm currently looking into Fishtown/Olde Richmond, and Point Breeze, but areas like Germantown are compelling also.4) How seriously do local investors take projects like the Bellwether project?

Full disclosure - I'm a local resident currently actively looking to move away. 

He currently travels often for work and resides in TN. 

For our second STR, we are currently researching Sherman, potentially / ideally, a less expensive duplex that we could rennovate and self manage from Dallas with workers coming to the area in mind. 

You should ask to speak to the commercial lender at the bank that carries your property's current mortgage.

I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

If someone offered to finance this house to you at your current rates if you put down $250k would you do it?

As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc.