Hi Moustafa, congratulations to you and your wife on your marriage and for thinking ahead about financial independence!

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

My wealth was tied up in assets and I wasn’t at a place financially to not work.

Each note is reviewed individually and most note buyers will provide quotes once the transaction has closed, recorded, and the first payment made. 

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

Private funding from a relative may provide flexible terms and reduced financial risk, but formal agreements are necessary, and interest paid is deductible for you but taxable for them.Traditional investment property loans offer stability and tax benefits like deductible interest and property taxes but require larger down payments.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

It would be great if your rental could also work financially as a long-term rental if the STR market changes.  

Thank you for the financial breakdown!

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.