The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.

Get a new design and a lowering barrier to entry.

They are designed to be filed before the foreclosure and then jump above the foreclosing lien in seniority and either get reimbursed from the foreclosure sale or survive the foreclosure and are passed to the new owner. 

My husband and I own an architecture and design business in upstate NY.

Your best bet is to establish a website and do SEO for that market.

I do like Hospitable direct booking options and that they can process payments, tax etc. on their end and each DB site can have a different pay out options for different clients.

It's always been my investment thesis to thread the needle of a place where a lot of people go but is not top of mind for rich people to own a second home.I like National Parks or Nat'l park sites that get 1M+ visitors per year but are not the big ones (Yosemite, Yellowstone, Zion, Grand Canyon, etc.) and have a median home price below the national average.

Anything outside of the beach zone which has been designated for vacation rentals is going to be challenging regulation wise & neighbor wise. 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

They filled out an inquiry form on a listing site that mentioned their desired move-in date.