I sold 2 properties that were taking up a lot of my time and were producing very little of my cash flow.2.

All together the units bring over $8k in gross monthly rent and we have no trouble keeping them occupied other that an annual turnover month.  

Most lenders sell their loans out.Nobody wants a loan where the asset is underwater every month.The real question is, why is a property worth over $1M only producing $4,000/mo.You should consider raising rents as this seems significantly below market.

For those who are charging higher nightly rates, where would you say your rates are vs comps to try to weed out the trouble guests?  

Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!

@Michelle Reid Both LTR and STR strategies are viable and currently producing good results in the current market, which isn't easy to find everywhere else.

The refi or additional debt of any kind will impact the current performance of your property I'm never a great fan of selling a good producing property - unless I am certain I can improve the overall performance of my portfolio. 

Just because we did it so quick shouldn't diminish the value, hard work and systems required to produce the result for you.  

Make sure it’s updated though as the IRS will ask for it to be produced quickly.

A lot of people get themselves in trouble by acting as a conduit to mild fraud or just general deceit within the rules..Hmmm, he is bragging all over Youtube how he is making $150,000 from one guy's equity, on one transaction, by bailing him out of foreclosure.