A seller not fully informed of these points may have legal basis for initiating a lawsuit against the investor/buyerFrom the buyers perspective any down payment, capital expenditures, etc may be at risk of loss if they can not pay off note IF it is called due.  

I am not sure I've ever seen where the tax writeoffs are different for STRs than they are for MTR's or LTR's in terms of writing losses off against your regular income. 

The PMI gets higher as you step up from 85-90-95% LTC.So even if you can get approved for this, you need to ask yourself are you willing take on potentially years of cashflow loss, for the privilege of owning the property?

Some of our properties that were cash flow negative initially now have the best cash flow thanks to rents going up in these great locations, and very little turnover, vacancy loss or tenant damage, etc. 

Also my advice would be to not think it's a loss if you don't pull out 100% of your funds on the refi. 

helloI don't understand why you think my friend made $1 million when he sold his house at a loss.

Thinking we have to cut our losses, and pre-lease for June, while it sits empty.

They are subject to liability if someone sues, and their license is subject to discipline or loss of license if you violate rules/laws and get caught.

@Bryn Chatterton screening applicants will be SUPER important.This is a copy-paste from our website, so ignore some of the specifics.Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

Should we sell the property when we leave and cut our losses?