It seems like the best fit for your situation—less time commitment, steady growth, and manageable risk.

So you are openly stating that you want to commit loan fraud.

But you'll also have a bank attorney fee, your attorney's fee, a commitment fee (sometimes equivalent to anywhere between .25% to 1%, appraisal fee, environmental fee. 

IMO Most of the time, people lose lawsuits or settle for much less due to laziness and lack of rock-solid knowledge about the illicit/illegal acts the opposing side committed.  

I'm not 100% committed either way between the income benefits of multifamily vs. the reduced headaches of SFH tenants.

Long story short if you are committed to house hacking the sky is the limits and there is endless possibility, it really comes down to your comfort level and where exactly you need to be in New Jersey.

My concern, though, is committing to a long-term stay that could extend into the peak season, potentially limiting our ability to capitalize on higher demand during that period.Has anyone else faced similar challenges with their STR during the slow season?

We are committed to resuming regular distributions as soon as our financial situation stabilizes and improves.Our primary goal is to ensure the long-term stability and sustainability of our business.

BUT…So has his aggravation, time commitment, and risk.   

Assuming the total cost is accurate, how are you completing this project with $750K of total committed capital?