talking to the Bank its going to be far and few between that the mortgages these folks are taking sub to is still owned or controlled by the "Bank" the loans were sold within months of origination and maybe MERS has it ( sliced and diced) and for sure your dealing with a servicer.. who is not going to negotiate one bit.. now if you happen to have a sub to with a portfolio lender and you can actually talk to someone who is a decision maker thats different but I submit those loans will be a small fraction of the deals being done.

Self-funding gives you full control, no debt, and better cash flow, but it ties up a lot of your cash.

Educate yourself on the differences between checkbook control and custodial control.   

 :)To anyone reading this: if you happen to think using other people's money means you don't need any of your own, raising outside money may help you recover your expenses, but you still have MAJOR out of pocket expenses, typically, due before you can raise any money:Earnest deposit: most people raise after you get control of a deal.  

Just do your numbers and control the deal to make money.  

Don't let it control you and I am glad you asked.You really don't want to rely on appreciation to make up for the poor performance as a STR.This is too much of a risk IMHO.

Plus, it gives you more control over quality and timelines.

As we have 100+ year old trees on the property, as well as a pond and year round stream, I think it could also be used for a tiny-home or tiny-office (commercial) community, which would allow me to maintain control of my property long term and providing recurring revenue to me (my company). 

Still expensive though.And why would you want to invest in a city with rent control?

Although RTR does not have control over management issues, it is clear that Zach cares about his clients and will do what he can to help.