In the end we had to pay to turn the space back in to a white box/shell and closed with basically zero physical assets.

Improve your credit and financials so lenders are willing to take a chance on you.

Also talking with a financial advisor can give some insights. 

Anyone trying to tell you a certain asset class is good or bad these days is probably trying to sell you something.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.

I would make sure financially you have a good base and then connect with a local agent

Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

Maintaining a financial track record for your project is facilitated by effective budgeting.3.