The value proposition wasn't that interesting to me.

The owner thought this would be a very short term proposition until they figured out what to do next.

Standard features of non-qm.The value proposition is that they are NOT expensive when compared to hard money, so it's a question of if it is worth it to you in order to get rates/fees/terms that will beat HML (but don't bother if it's a scenario where you MUST close in less than 45 days, b/c that is a coin toss).

So then if SFH's are a losing proposition, especially compared to the stock market, what areas of REI should I be looking to invest in? 

I am an advocate for a more aggressive approach, I'm wondering if you could elaborate on the proposition of pursuing owner financed deals?

Let's say you found a buyer willing to agree with your proposition, to pay more for a package than to pay less by buying individually (wouldn't have to be yours they buy one at a time).

My final bit of advice- STRs are high risk, high reward propositions.

Commercial, office/retail, is more of a 9-5 management proposition whereas residential/multi-fam. is more after hours.

Some sellers are expecting to make concessions, like in Dani's case, where she gave them a reasonable proposition that worked for everyone.

Their previous returns on multifamily units was 70% to the investors and 30% to the manager (and 5% annual)...seems like for a new riskier proposition, the terms should be better..Thanks again for reading.