Here’s how I approach niching down to a specific audience:Analyze Your Market DemographicsStart by researching your market to identify who is booking short-term rentals in your area.

Specifically, the the loan guarantors need to have controlling ownership in at least (i) 3 multifamily properties [with the first acquired at least 2 years ago], or (ii) 1 multifamily property that has been owned for at least the last 5 years. 

I am looking to focus my investing on the commercial space specifically value add apartment complexes.

Lenders typically require at least 15-20% down for multifamily properties, depending on the specifics of the deal.

Within a residence there is a presumed right to privacy and installing cameras by you or your tenants can bring you legal issues.  

Single family homes have more maintenance issues and condos you have to deal with the HOA.

So, the question is not whether to invest remotely, but where to invest.Investment TeamRegarding properties in distant cities: While books, podcasts, seminars, and websites offer general knowledge, you'll ultimately purchase a specific property in a specific location—each with its own unique conditions.

His advice (before the debt issues even arose) was to sell my whole portfolio and start over doing wholesaling.

One lender might me more excited about a specific deal then another, which then helps with best terms.Always looking to overcome those bottlenecks is key.  

There’s no real way to create phantom losses without running into issues with the IRS, and you could end up losing important tax benefits.