What I'm not sure about is STR restrictions in this area but that's easy enough to find out.

This project I expect to have fully complete renovation wise in 2 months and am coordinating alongside my full-time PM support. :)

You really have to devote yourself to making it work, and it helps if you have a genuine interest in this business aside from money.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints. Thanks

And you are looking at an interest rate around 7% instead of over 10%. 

I'm currently unfamiliar with how this platform works .

Hey all,I have been listening to Bigger Pockets content for maybe 4 years and finally have removed myself from some side hustles, have the capital, and grew the...brains to start real estate investing.QUICK BIO:I am based in New Jersey, I work as a marketing/efficiency consultant, and have 2 avenues of real estate investing:Short-Term Rentals: I have 3 short-term rentals using my parents apts in NJ ( 1 of them just launched in Nov) for the past 2yrs near NYC (1 of them just launched in mid-Nov).

Currently, I live in New York, but I am interested in exploring opportunities in Columbus, Ohio.

Definitely some great advice in this thread!