@Stephen Williams I can help you get connected with a really good GC that specializes in investment proerties here in Memphis.

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.

@Spencer Fry I've made it my business to specialize in second liens.

Be prepared to followup numerous times.Highly likely the owner will treat your letter like junk mail.

Preparing to list rental after completing lengthy rehab. 

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...

Consult with an Attorney: If you’re not getting any satisfactory responses or if you believe the syndicators are in breach of their contractual obligations, consulting with an attorney who specializes in real estate syndications is a smart next step.

Natural to be nervous, but you need to embrace that.If location is truly great, learn to optimize the cash flow or be prepared to weather a minor cash flow storm.

However, you could do a mix of both, for example you could create paid advertising to promote specials/rates, partner with a local restaurant to have some type of a collaboration that includes a free drink with a stay, or you could switch to longer rentals.

I recommend he look for a property manager who can figure this out and stop the bleeding, then maybe take over management in a year or two when he's better prepared.