Additionally, how many calls does it typically take you to successfully close a deal using this approach?

I am new to creative financing and don’t exactly know the ins and outs of what would be the best way to approach this.

@Melanie AlzugrayInvesting in a resort you and your family enjoy is a fantastic approach.

I would think you should approach some local banks and see how they will handle your situation.

I appreciate the difference in approaches.  

As I approach my move out strategy where I will be converting my upper unit into a STR, I often think of guest interaction amongst the two units.

If so, how did you approach it initially?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

What approach is correct?

Live in an area for 2-3 years, self-manage the property, and then relocate again, passing the baton to a property manager.I’d love to hear advice on any of these markets for making this approach a success!