Was the condo a good size unit and in good condition?  

Commercial programs a heavily dependent on location and NOI (less one size fits all compared to residential). 

They are a platform that has no identity and doesn't really know what they are doing or who they are serving.

Get you ducks in a row before committing.Also, not an expert in that area, but I cannot believe that a cabin double the size will do the same revenue. 

There's no one size fits all of course, but generally the STR/MTR/LTR mix in a multi-family unit can be challenging because the way renters utilize these properties is so different.

BP serves as an excellent platform for networking and ongoing education.

So, what is your loan size? 

These serve two purposes:1.

You need to serve notice as soon as they are legally late (when that is depends on the area). 

Get an estimate from a GC to get a good idea of what is required.Market Comparables: Check what similar-sized homes with finished basements or additional bedrooms are appraising for in your area.