Short-term stays tend to bring higher revenue, but long-term rentals can provide stability.If the area gets strong tourist traffic, STRs could be a great fit.

For a better estimation, find a business broker in your area.For the loan options, speak with your banker and try to get involved in local real estate groups.

.: Anyone with experience (and/or referrals to lenders) with non-recourse loans?

I'd love to move into another fixer upper for two years so we could flip tax free or live in for long enough to use our FHA loan.

Most HOAs in this area don't allow short term rentals, only long term tenants. 3) Make sure you have a great team to guide the transaction so nothing gets missed!

Hey @Grant Bruce - We've got a condo in Tucson that we currently rent out as mid-term. 

Once the HELOC is in place, your father-in-law could loan you the funds to invest in real estate.

Something people who do owner financing should absolutely do is have loan escrowed for taxes and insurance 

Especially in a commercial lease, I'd make sure you feel very comfortable with the terms or have an attorney review them... not just because you will own the building, but since you'll be living right above them.

Medium term rentals may be a better option.