Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.

As it's been non performing.

., 10-year interest-only options), and non-recourse structures.Competitive Rates: Recent transactions show rates ranging from 2.69% to 4.65% depending on LTV (55%–80%) and property type.Lender Specialization: Some lenders excel in specific areas:Greystone and Walker & Dunlop lead in Fannie/Freddie volume and large-scale refinancing.Arbor Realty Trust is praised for smaller-balance loans and flexibility.CREFCOA offers streamlined refinancing with 45–60 day closings and cash-out up to 80% LTV.HUD 223(f) loans provide 35-year fixed terms, ideal for stabilized properties.Questions for the Community:Have you worked with lenders like Greystone, Arbor, or Freddie Mac?

Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligible for a Non owner occupied STR. 

I considered suing for non-performance but felt the hassle of doing so would not be worth the benefit.I'm still hopeful and looking in the Flint market, I just would not use them to do so.

This is because REPS reclassifies rental losses as non-passive, allowing them to fully offset active income.

Nevertheless, a facility is on the horizon and I have now started a non-profit with family to begin a secondary path.

Quote from @Ricardo Marquez: Hi @Jennifer Stammberger this is Ricardo from yourserviceva, we are a real estate agency with non accent cold callers ready to start whenever you want, I'll text you our info on private also-Ricardo Marquez Hi Recardo, I am looking for a good cold calling company as well, to help call and negotiate RE property prices with prospective sellers.Looking forward to your response. 

Or this is a non issue if insurance coverage is not taxable.Many other thoughts and input.