STR as a Strategy for Leveraging Housing AllowancesAmericans stationed overseas have a unique edge: they can leverage housing allowances to reduce risk while building wealth.

That’s a solid strategy—sticking to areas you're familiar with definitely gives you an edge.

While I didn't love the 30% cut they took, I was happy to have it in experienced hands (and a lot of what they did, advised, etc. was on-track with what I had researched, discovered here and on other STR forums).

As when people lose their jobs, the vacations they take is the first choice to cut back on. 

In related news, we had a guests for a  10 day stay and they wanted to cut the stay short.

Cut corners everywhere... are unresponsive.

They could work with an existing lender, do some marketing to help broker, get a cut and make FARRRR more $ with zero risk vs this EMD lending. 

You may want to contact Elite directly and cut out the middleman.

I’ve been in contact with the Better Business Bureau about them  cut your losses and go the other way. 

Cut your losses the first time they miss a payment and start the eviction process.