Additionally, Mezzanine Debt may sometimes allow for a second lien recording, providing an extra layer of security.On the other hand, Preferred Equity generally does not carry a maturity date like debt instruments.

That leaves 72,500 extra. 

Can't really say for sure in WNC, but on the other side of the Smokies, the mass sell off didn't happen ...yet, because these folks paid too much for the STRs and are still thinking they can get out without losing money.  

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.

You should check out all 3 markets and interview a lot of folks.

When you use a Big bank you avoid having to pay the extra "middleman" fees and points. 

Seems kind of shady to me the way they are acting.I can't recommend these folks in good faith!!

That's it, they're intended to make a single landing page and get folks to buy/book a call with you.

Also, an income stream is something that is likely to appeal especially to folks approaching (or already in) retirement.  

I would start with, "If I paid you 10k would you release the extra lot so that I could build on it?".