So now, instead of feeling excited about a new investment, I was scrambling for cash, stressed beyond belief, and facing major repair costs with less rental income to offset them.That experience completely changed how I approach real estate.

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements. 

My wife and I earn over $350k a year in our jobs and all of that is now going to pay down debt.We have the option to increase our HELOC to unlock some more capital which I'm considering doing to try and get a good return on my money and pay down the debt faster, but given past experiences I'm not convinced it won't end up with more debt.What would you do at this point?

Our third partner, who has experience with smaller projects in Detroit, also finds this endeavor overwhelming.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

Yale Law Journal: Zoned Out: How Zoning Law Undermines Family Law’s Functional TurnLooking forward to hearing your thoughts and experiences on navigating zoning laws for co-living investments!

I first came to the intro about a year ago and it has been a great experience.  

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

Im dedicated to learn this bisiness and gain the experience the right way.