And, worse case, I love it and could have my business and retreat there and maybe sell my primary home and live there for much cheaper!!

And if it's in Norfolk, people aren't looking for a "retreat away from technology if visiting a city." 

I love seeing other people succeed in the STR space.I'm planning on making my first land purchase in Western NC for an outdoor retreat - as the market slows down this winter.

Details on the building: -1 Mile from Greenbrier Golf Resort in WV ($260/nightly average)-Tons of wedding venues / company retreats that occur at the Resort.-32 Units, broken into four 8 unit buildings

I think it partly depends on your price point and style of rental, as in, is this a fishing cabin or a luxury retreat?

I thought about a winter "artists retreat" at a reduced rate and maybe deer hunters, never pursued it past that.

When the wheels came off the bus south of the 49th, that same government beat a hasty retreat back to the "old" lending regulations - though spun it as if they were doing something new in the interest of Canadian homeowners. 

Regarding hedge funds in the SFH business This article is on the front of the fortune websitehttp://finance.fortune.cnn.com/2013/04/05/housing-rentals-investors/The article suggests that Hedge funds are exiting/retreating from the SFH business:"Signs that the big money has retreated from the foreclosure boom may be good for the housing market overall."

At just an hour outside of Nashville and having 5 secluded acres it would be a perfect location for a corporate retreat center as well.

Refi the loan if possible before trashing the existing loan and credit issues.You probably already know there is no tactical retreat walking away from SBA. :)