This deal has turned very negative.  

Real estate is more about debt pay-down and appreciation when it comes to the investment aspect.

While I agree that the purchase is an important part of the process, if you buy based on price and not on the STR aspect of the deal, it could fail.You might get the best damn deal on a property in an area that makes a terrible STR thus it isn't a deal at all.

Once that phase is complete, I’d transition back into long-term holds.As for the cash-out refi, without at least doubling the rent, I’d be in a net-negative position each month, which doesn’t seem like a worthwhile trade-off.On the tenant side, I agree with your point about the business aspect—it’s something I’m working on coming to terms with.

I have read all of these comments and come to the conclusion that, not every aspect can be perfect, and we all have to look at the opportunities within.

Most of their posts are about negativity.

I would love to connect and discuss different aspects of the Hard Money Lending process, Draw fees, etc.

The problem was they start a new company every few years after scamming people so it was very little negative information on the new name, Launch Your Leads.

For contact management like that its awesome to search for specific types of people and locations or just data like "how long does it take to foreclose in texas".We have some other use cases as well that we use to track not only ours but competitors results online and learning what does and does not work for different aspects of the business.

They originally wanted 360k, but the mortgage would have the property running negative for the foreseeable future until all renovations are done, which I won't do.