They can handle bookings, cleanings, and guest communication, so you’re not always on call.Also, keep in mind that some areas have specific rules and regulations for short-term rentals, so make sure you understand what’s allowed in any location you're considering.It’s great that you’re eager to learn, and with the right strategy, STRs can definitely help you gain more freedom.

The left hand doesn't know what the right hand is doing and the execution seems poorly planned and communicated.

It is tough to go through the whiffs on these contracts, but I am understanding this is part of the process and need to really get my emotions out of it. 

Sounds like you've had poor expectations on how the process works, poor communication from your lender, and maybe there is more to your file that you are letting us know. 

By what you have said, it sounds like you are thinking about this place as an owner (emotionally) vs a realtor (sorry if I am reading into this, but your statements about charm etc.).  

Would you stick with the bank  (have kept the communication going with my contact on what i'm working on, high level is 25% in, 9% rate amoritzed 15 currently but I think they would do 20 and also includes construction phase but not sure yet on when it would switch to p&i) and go that route or would bringing in a cash partner (friend/family, have multiple people interested) be something to consider?

The most important advice is not to get emotionally attached to properties (If viewed as an investment vehicle, Owning for personally reasons is difference).

The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!

Business is like a high school and most people in real world are emotionally driven and irrational.

During the process, the communication and execution was spot on.We opted for realtor #3 would be happy to give their recommendation if you are selling in the Portland area.Contractors: Found our contractor from an old contact referral.