I don't know that I would gamble and say you could sell it if it doesn't work out, you could be holding it for some time.

Quite frankly I would be inclined to turn down investors at high LTV, but owner users seem to work out.  

However if you only invest it in training, then at the end you have lost $50,000 and still don't own anything.There are a lot less inexpensive ways to learn about real estate in my opinion.Don't fall for any high pressure techniques from any guru.....the typical scenario is to go to a free 2-3 hour training session. 

So, you have a back up if STR doesn't work out.  

My approach is probably fairly unique in that if the homeowner wants to keep the house and would traditionally not be able to, I point them in the direction of their equitable remedies and have had success helping folks keep their house and work out a sweet deal with the finance company to boot; I've retained a minority equity stake in the properties as a result.In the case where it's a non-owner occupied property and the investor no longer wants the headache, I negotiate either an acquisition in trust of the LLC/Corporation that is holding the deed, or have the deed quit claimed to me individually.

If you do business with them, just be careful of how much access they have to your staff as if it doesn't work out, they could try to steal them to start their own PMC.Buzz me if you want to brainstorm more about it.

Hi @Keith Yazdan, how did the MTR venture work out for you?

With two additional years under your belt perhaps you can tell us about some of the deals you done and, specifically, how this course helped you do those deals.Sure Jon,I had previously learned from another investor on how to work with borrowers on distressed notes and work out payment plans, pay offs or help them get refinanced.

If you have sat in on Ari Newman's "How to Use the Financial Calculator to Structure Better Deals" training session, what feedback can you provide?

But you might be able to work out some sort of agreement with a tenant to fill that role for a slight rent reduction.