While these technically exist, these are typically difficult to execute and are very expensive.

Hi All,
I’m a Partner at a Manufactured Housing Investment Syndication firm. We’ve been in business for 15 years, with a capitalization of $300M. Our growth has been entirely organic, driven by word-of-mouth referral...

It's difficult to see how a tenant will be after screened and signing a lease.

My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just  bit more difficult to find lenders that operate up there.

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

If you do something that is too high end or bold compared to what is available in the neighborhood, the exit could be very difficult 

I was on island earlier in the month for an eviction trial and stayed at the Waikiki Banyan for a few nights - that seems to be a popular STR building.

It's difficult to see how a tenant will be after screened and signing a lease.

Our deal was a new build.  

The environment now with higher interest rates and higher purchase price does make it more difficult but definitely doable.