no question a long term lease does restrict exit. 

A 4-plex would be ideal and you could play around with doing 1 long-term, 1 mid-term, and 1 short-term, plus you, if it works on your area to upgrade your income.

The Short Term ShowThe Short Term Rental Management ShowThe Short Term Shop all day long.

Other local lenders I have used recently do not have very favorable terms. 

However, if you intend to work with a hard money lender or utilize a short-term loan product, you're on the clock for repayment, which can be stressful if things go sideways. 

With VA loans, you’ve got a huge advantage to get started with little to no money down, and military bases are perfect for long-term or short-term rentals.

These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.

@Jon Martin  I agree and in short term its just not worth what you will get in reviews for something like this. 

It seems to me though your short term objective is to get the HOA to take immediate action on the roof.

This allows us to have a 50% LTV in just a couple short years.