This has disaster written all over it. 

If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.

It wasn't fun living an hour and a half from work and play, but absolutely worth it.If one is starting with relatively low living expenses, cash flow can be extremely powerful towards reaching financial freedom.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

As you delve deeper into the world of real estate, staying informed and adaptable will be key to achieving your financial goals.

Lots of normal, blue collar folks are getting financial freedom from STR and yet the committee is tone deaf to their stories.

HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

When buying a laundromat, it’s crucial to evaluate the financials carefully.

Life is financially good even without doingSelf Storage.