They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.

That being said, every FHA loan has UFMIP which is 1.75% of the loan amount, as well as monthly mortgage insurance pmts that are about 0.5% of the loan amount annually.

I was going over his financial information and saw that the guy was making over $50,000 a month and asked him what he did.

(This includes character attacks as well.) 

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

Hard money is lending based on the hard asset and it doesn't speak well when the project is mid-process and now more money is needed to be able to finish it.

@Aristotle Kumpis thank you for the information!

I think they can go very well if done right or poorly if not, and right.Here or a couple of suggestions. 

Despite the challenges, the project was a success, proving that well-planned investments can lead to significant profits.

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