Quote from @Julia Lyrberg: Hi Audrey,I’m not sure where that information came from, but as a lender, we consistently help out-of-state investors purchase and refinance properties in Texas.

Non performing assets are why the notes are so cheap and give great returns. 

Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.

I have a mid-term rental in Southern California near the beach that is consistently losing money each year.

What due diligence is performed to make sure a market will support their co-living concept and what percent of the rental market?

It can make leasing a bit harder since you will have more vacancy when those come do but it will all be in peak season.With respect to the hiring decision, you would need to hire someone to replace you (perform the same functions you currently perform) so that you continue to work up the ladder (spending more time on higher value tasks).  

Sounds like you’re trying to google and perform your own heart surgery.  

I have gotten accelerated depreciation that has exceeded my initial investment.Now add that you could perform a value add to create some sweat equity. 

I will focus on how to buy a retirement home in the future while benefiting from a high-performing rental property until you're ready.We have many California clients who plan to move to Las Vegas for multiple reasons.

How do you call a performing Wrap due, in order to cover the Due On Sale on a property you did a SubTo on if your buyer is within his rights on the Wrap?