But if the market for large STRs is thin, the basement might not add substantial value.Selling: Selling could free up cash for other investments with better returns, especially if you’re uncomfortable with the low ROI and management required for STR.It’s a tough call, but if STR potential is there, it might be worth a trial period to see actual cash flow before committing fully to the basement investment.

I think it will save me money in the long term in the event I am sued, but lawyers are expensive and as a student, disposable income isn't exactly too prevalent.

., those one's are going to be more prevalent and likely inappropriately evaluated.

@Scott Trench words can not express how grateful I am for your management style, your passion for truth and honesty, and your commitment to this platform.

Depending on your loan structure I'm not even sure you could legally offer a personal guarantee outside of the loan for that money without committing mortgage fraud, as anything that could hinder the ability of the primary lender to recover their principal is supposed to be declared during their diligence period, and any material changes up to the point of taking the loan are supposed to be disclosed as well.

The time commitment the HH properties took from our company made them simply untenable to continue to manage. 

I understand that it may take time to build the capital for larger deals, but I’m committed to making it happen.

It's inspiring to see you channeling that commitment into real estate.

In fact, now may be the best time of the year to buy properties due to reduced buyer competition and seller motivation (those selling now are probably committed.)

This last time I was told the loan was approved and a commitment letter was coming out on Friday.