However, of course the good time was short lived.

But here's what I’ve learned: you'll never have all the answers, and waiting for complete certainty can hold you back.What has worked for me is the concept of a "70% solution."

Higher Yields: With distress levels rising, project sponsors are willing to offer more attractive terms to secure the capital they need to stabilize their projects.

I am Indiana and really only focus on flips or buy and holds.

My brother and I, both out-of-state investors, recently acquired a long-term rental property in the Boerne area (near Leon Springs).

I’m considering hiring a lawyer to try and recover the cost of the repairs and potentially my extended holding costs.

That could lead to an inspection, but they can also talk to the tenant and explain if they don't follow the terms of the lease, then they are at risk of having to move or worse, lose their housing vouchers.

If I presented terms for an interest only payment for a term of 5 years, with a balloon payment due at 5 years, could I refinance during those 5 years into a conventional loan if interest rates drop?  

Anyone have insight on these being better markets for traditional long term rentals vs. 30 day minimum extended stays / MTRs?

I know I still have some more learning to do, but I feel I want to focus on flipping and/or short term rentals to start.