You can sub all the work out and keep all your costs low for the rehab, even go in after deals that someone else might not be able to get because your costs of labor/work is a lot lower then the other person needing a contractor to do the work.

Lenders get more open minded to workouts once they are no longer getting paid, btw. 

@Brian BistolfoHow did it work out?

It didn't work out so well but I understand certain aspects are out of their control. 

I used to service our notes personally but, with the SAFE act and the fact that servicing is a BIG pain in the butt anyhow, I am glad to shift this work out to others so that I can go out and do things that actually make me money!

I also need to establish a corp to work out of the rollover.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

My husband cleans the outside and I clean the inside-I consider it a workout, and part of staying in shape.

We all know that misery loves company, but try taking a different approach and see how things work out for you.It's been clear for the past couple of days that something or someone has hurt you tremendously, and we're sorry that happened to you. 

There is also a lot of work, but the numbers for the buyers don't really work out.