Your equity is valued at the unpaid face value of the Note plus any accrued but unpaid interest.

Realize the competitive market makes it a challenging market for beginners. 

Hi Kylie,I definitely know that finding the right business bank account can be challenging, but here are a few suggestions based on your what you've told us:For Wire Transfers: Consider Mercury Bank or Novo.

Managing vacation rentals remotely sounds like a unique challenge..

Our property has HOA-mandated fences and faces a lake.  

Challenges?

One of the biggest challenges is keeping the bathroom as carefree as possible.

The only challenge is that I’d probably need to hire someone to manage it while I’m not there if I do an STR, right ?  

I do not know him, but the path he is leading you is a difficult path    Note difficult does not imply impossible; there are people who are successful with S8 housing    In my area s8 is so undesirable that they write laws trying to make it challenging to not allow S8 tenants.  

Challenges?