Unit mix?

Do a Mix of both.

The amount of med tech in the area is booming and only increasing over time (other industries as well)Again, no first hand experience, but I think Durham is in desperate need of more Airbnb listings and the timing would be right to get some credibility on the platform before things take off even more.

Its a lower end mixed neighborhood. 

I tend to get a lot of mixed reactions when I say I'm going to use a turnkey company.Thank you!

@Hashim Jakvani There are a number of factors fueling the REI market here: Increased industry(tech and medical), tourism development, and property values.We have a strong working class population that has put housing in high demand.

mixing LTR and STR is something novices think it's a great idea but is actually not.

If you can find buildings in areas that attract a mix of A and B class tenants, all the better!

Brie Schmidt Brie,What is your unit mix if you don't mind me asking?

@Ann Bellamy a default for a HML in the scenario you describe would lead to a huge loss for them.now as you state maybe a unicorn.. or someone who is totally ignorant... non recourse is 40 to 50% down.You can try dohardmoney.com  they charge up front 3 to 5k with no guarantee of funding.. and with very mixed reviews  some say they got loans.. others have blown 5k and never got funded.. if you want to give up equity this could happen ... you can put 10% down with Gorilla in Eugene but they will want PG and they will want significant upside.so you cant have it both ways  lowest rates HIGHEST risk.... unless of course you simply use your own money then