6 people aren't enough people to be worth saving?

If it won't cash flow at 25% down or less, it's probably not worth your time. 

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

I remember chatting with a good friend of mine, Jared, who once picked up a quirky three-story in Somerville to rent short-term.

So if you are going to invest in the Smokies, you are far better off just finding something that you like.That's my $.02, and probably about what it's worth!

I just don't know if those would be worth it without people skiing.

Remember they are going to be in a second position so they should be getting a good rate.

Does anyone have any idea if this would be worth going to court over and if it is and I get the judgement I want is it enforceable? 

The property is gated so many rent out all 12 bedrooms and bathrooms for parties, retreats, anniversaries, team meetings and special celebrations.It's private and perfect for those who want privacy when they need it and company when they want it.It has appreciated and is now worth at least 3 million and we are looking for funding to refinance and share the profits with our investors.

It’s also important to remember that allowing partial payments without a plan can set a bad precedent, so it’s best to handle this firmly but professionally.For the future, collecting the first month’s rent in full before move-in can help avoid situations like this.