Is that standard practice to have to do this, or am I missing a trick or a different loan type similar to a HELOC? 

If the tenant makes sense, the rent is there, and it all works for the particular property, I'll go with S8.But I'm not the type to turn down a well qualified cash paying tenant simply because I only want S8.

It took 9 months from front to back with was too much time, but the wait was worth it.What made you interested in investing in this type of deal?

I'm assuming it will be a DCSR type loan.

What made you interested in investing in this type of deal?

The tax code may never define "Airbnb" but there are rules surrounding these type of activities which I will give an brief overview below. 1) My STR goes on Schedule C:  It depends.

What made you interested in investing in this type of deal?

In comparison, when buying real estate you have a guaranteed asset because, unlike the stock market, during inflation, real estate prices tend to increase too so it is clear why some people prefer owning real estate over any other type of investment.While investing in a single, high-risk stock may pay off big rewards, diversifying your portfolio is key to protecting your wealth.

As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to use my own designed excel worksheets to track records and prepare reports, including for tax purposes.However, my worksheets have now become cumbersome and more time consuming to manage.

Has anyone had any experience with these types of properties and have any tips, stories, advice about this niche.