Putting credit lines in place might make sense to have the capital available if a sure fire opportunity comes your way, but I would learn to get a certain level of comfort with paid off mortgages too.

I am betting that those with the biggest regrets are those that bought at the wrong time expecting COVID level occupancy was normal and those that didn't take the time to learn what it takes to run a successful STR.

3) There may be personal use of the property which would mean that you or your partner may not get tax benefits for the share of the unit where you are living in.For a successful partnership, the total partnership should have Experience, Money, Time.What skill set are you bringing and what is your partner bringing?

It is intended to be a high level report to give hosts & investors insight into STR data for US markets and help with insight on how to set up your property to stand out versus your competition.  

@Badri MalynurThere are 100’s of funds that start at $10 or $100 now and do not require to be accreditedI am also not a fan at all of the fund of funds / customizable model as when the deal goes bad you are several levels from the sponsor and just paying a middle person fees that are not needed

The property features two 1,400 sq ft suites on the main level (one currently leased) and over 3,000 sq ft on the upper level, with 750 sq ft already occupied, 3 small office spaces (+/- 250 sq ft each), and a basement tenant with 1,400 sq ft of storage space.The building generates $6,000 in monthly gross income from its five tenants, but with full occupancy and market-rate rents, it has the potential to bring in $10,000+ per month.Given its historical significance, stunning architectural details, and location, I’m curious about your opinion: Would this property be more marketable for sale with or without the current tenants?

Pick the one that works best with your skills sets, habits and personality.

Only you know what level of furnishing will be you personal niche.

Historically, navigating the funding landscape was complex with differing program specific funding conditions and amounts, favoring only the most skilled large developers.

Now it's just about bringing as little money to close as possible and cutting my monthly payments down, which this loan product does well on a level I haven't seen elsewhere!