And honestly I'm kinda worried about how it all goes due to my current lack of knowledge, but I'll do my best to make it work out no matter what.

First, you may not like being a landlord, so figure out what you want to do if being a landlord doesn’t work out.

My guys/gals dont buy from the bigger we buy houses franchises I have never seen one of those come through.As stated its a sales and marketing job full stop.. very tough very time consuming and capital intensive if your going to do some volume..

Knowing the future structure is good and planning is also good, but if you are spending the majority of your time, as it said, on structure and not real estate, your reps are being put in the wrong workout bin.

We have discussed selling the property and rolling it into a multi-family but again feel like we may be trading a fairly hands off property with good cash flow for one that may be a bit more labor intensive and only yield marginally better performance.Any advice on how to expand our rental portfolio/maximize its performance is greatly appreciated!   

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.  

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

Projections for 2025 suggest a more moderate 5-7% price increase, still above national averages but with less intense competition than during the peak years of 2021-2023.Investment OpportunitiesThe Las Vegas townhome and condo market offers various investment opportunities.

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.