To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.

Be very careful who you take advice from online, you should get involved with a local attorney and a local realtor.

I'm involved in too many things, but that's what happens when you have a family and kids to support.

The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

Without my wife's direct involvement, I think some of our homes would have struggled to stay afloat.   

Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.

Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.

Many real estate agents dabble in property management without fully understanding the complexities involved, making it risky to work with them.

I have a bit of experience with co-living investors, having been involved in several co-living investments for five years.

So the one's on the sidelines that did not get involved, and or are not coming from a position of strength--- now no longer can invest.