I have opportunity to buy a small portfolio of performing commercial notes with LTV's less than 50%.  

The first thing I want to point out is that it may be wise, in your thinking, to separate the property itself from the STR business that's being run from the property.In the old days (as recent as 10 years ago), people buy a vacation home to enjoy, and they leave it empty when not in use. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

It's the concept of buying the debt attached to the mortgage rather than buying the house. 

i would not buy a random property in Alabama that you find on Zillow and turn it over to people you've never met just because the price point is appealing.here are some threads on how that can go:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i own property in 3 states - happy to answer any questions you have.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

Spend a little more money than you might have been planning to, buy in a better area (i.e. not a “turn key” 100k house off the mls), and self manage.

Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.

Does anyone have any insight on using seller financing to buy their primary residence?

Investment Info:Townhouse buy & hold investment.