And if that doesn't work out, I think that creating passive income and having properties that will continue to acrrue value is very appealing.

You need to find out whether A) a mortgage/DoT was created, and B) whether it was recorded.Also, its lawyer time, especially if the loan is in default.

Find/buy/create opportunities that align with your strengths.

It's up on Airbnb now, booked solid and far exceeding my pro forma, although it seems COVID is creating an artificial short term rental market spike. 

Point is create a paper trail and soon the appraiser will stop getting calls from the Appraisal management company (AMC) who works for and in favor of the bank. 

Most STR owners with multiple LLCs use their PMS and then create their own spreadsheets.

Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.

Obviously, multifamily has so many more advantages than a Single family home, but can have more barriers to entry.I would start by learning the business, learning how to syndicate and use seller financing, and then focus on two things if you want to invest in multifamily: Sourcing capital and sourcing deals.More units allows you to hire staff and create some economies of scale.

Created 3 STR/MTRs which now bring in $8,000/m.

I recommend you educate yourself on what should be included in a partnership agreement, then go to an attorney to create one.Things to consider:1.