With countless loan options, complex terms, and strict lending criteria, it’s easy to feel overwhelmed.

They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

Is it complex to service the contract myself?

This would pay us back less than we were owed but still enough to come out whole.We all tried to negotiate a short payoff with the second-position lender, who foolishly demanded payment in full.

Need to be creative and fuel capital in various ways to put into the long term investments.

Have we gotten to a point in this industry where a property is more attractive by short changing the true fundamentals and classifying the property an affordable housing opportunity? 

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

From what I’ve read for the NC law as well as what is written in the contract states that late payment in a violation and eviction is enforceable.

The short answer is 'no.'

Thanks in advance,Keyshawn Good morning, the Destin market allows for short term, mid term and long term rentals depending on the area.