I couldn't have imagined it just a few years ago.

As you can imagine capital starts drying up quickly "trapping" 20% into each unit.

Just like wealth, knowledge compounds overtime to something much larger than you ever imagined it could be.

I also know that they "didn't know about the sale ahead of time", so I have to imagine that played a role in the lien. 

But, if they are flippers/rehabbers, investors, property managers, I could see that being a benefit.And I would certainly be looking at flight options into either market, as I couldn't imagine putting hundreds of thousands of dollars into investments in a market with visiting those investments at least a couple times per year.  

I'm wondering if the same lenders who financing STR's would consider Padspits.You may want to check this, but I would imagine that renting via Padsplit would be considered as a STR which have been highly restricted in the city of New Orleans, and the only way you can get a permit recently is to also live in the property.

I can't imagine someone arguing with this (but I'm sure there will be someone).

However, can you imagine how many service requests would come in for silly stuff related to printers?

Imagine the 2nd property is a 4plex, each unit can be rented $1500/unit of 75% =$1125 x 4 units =$4500 worth of income to offset your that 2nd property.

I imagine Cleveland is fairly seasonal so she would be moving during your slow season.