According to market data, the volume of mezzanine and preferred equity investments in commercial real estate has increased as traditional lenders pull back due to higher risk and regulatory constraints.

Sadly, wholesalers have been bringing deals where one cannot make say $100K a flip but rather a number much smaller requiring me to do flips in volume.

I'm thinking that this would also be a good time for me to add another property to my STR portfolio because I think prices will be more competitive once the transaction volume increases.

However, they might discount the Underwriting, Processing, or Doc fees if you do multiple deals with the same lender, such as a portfolio transaction or consistent volume. 

I haven't post a vacancy on Facebook market place for about a year or so...it use to generate 100s of inquiries/responses daily, but I posted a vacancy a week ago and it hasn't generated a single inquiry.

While equity financing can be a smart move in the right circumstances, the sheer volume of people turning to it lately seems to suggest something deeper might be going on.

However I will eventually need more volume and what  I'm doing is not really scalable. 

Good PM's have to defend themselves on the daily because goof ball owners have no clue of what they are doing, look at the lowest price, and pick terrible PM's. 

If you aren't comfortable providing the information, then simply tell the tenant you can't provide a reference....that also speaks volumes.

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.