Tried other things but can't make anything better since it gives me space, allows me to prioritize and delegate, and is practically free.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

Quote from @Mark Miles: Quote from @Garrett Brown: What is your biggest pain point with STRs right now?

How confident are you that you'll be able to pick up something good in the 2-4 unit space? 

MTR attracts a lot of traveling medical professionals and WFH individuals who need a quiet space during the day, which may not be compatible with families living in the attached LTR.

I think the short term effect on rents is virtually zero - illegal immigrants usually live multiple numbers to a home, rather than everyone having their own space like Americans - but longer term there may be some softness at the bottom levels of rentals. i would be more concerned about the lower economic job market than I would be about rental housing.

Your goal is to secure this payment at the 18th month mark, by either selling the note to an private investor who's interested in a guaranteed 5% or you're going to refinance and pay the note off completely. 

Not really common in the 1-4 unit residential space. 

The seller was not in the wrong by saying "no" to the water damage question on the RPOADS form.You can read more about this topic here: https://www.ncrealtors.org/question/can-property-damage-be-a...When things get tricky is when a seller marks "no representation" on the RPOADS form about an issue.

With about a bazillion sqft of vacant space now, and the tax revenue of the previously occupied gone.