Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

It’s not always easy, but each challenge has taught me something new.

- Hi @Sunny WuThanks for sharing your challenge... it’s a tricky spot, but one that many landlords face.

I suspect that you'll have better luck with a local bank or private money, though it likely will still be challenging. 

2) How did you structure your first deal, and what challenges did you face?

., there is a much lower vacancy in Prime office space, which CBRE predicts that trend will continue with vacancy levels being below pre-pandemic for Prime space by 2027 (Source)Many people who work in the D.C. metro will still be able to work hybrid or fully remote due to the nature of their jobs or company incentives.

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

I’d love to hear your thoughts, especially if you’ve seen these challenges in your market or have insights into how STR investors can navigate this potential shift.

The more you say, the more they can challenge you if it comes to that. 

Hi @Jacob Dalton,Thanks for sharing your situation—it’s clear you’ve put a lot of thought into this decision, and I can understand why you’re concerned given the challenges of being a landlord in Cook County.Screening tenants is definitely a key step, but I agree it’s not foolproof.