(It was sweet deal and the (ARV) I will have about 300k in equity to tap in on)

It seems like the condo you linked is almost geared towards short term rentals, so you should be in the clear on this specific situation. 2) I would take a look at some STR data either via a dynamic pricing software (pricelabs, wheelhouse, etc.) or take a look at Airdna to take a look to see what is the “sweet spot” is in terms of size of rentals in your market.

At closing a Note was issued and a Mortgage/Deed of Trust were issued showing the Borrower (Investor's) indebtedness to me, with a Mortgage/Deed of Trust showing my rights as Lender over the Borrower's property.I have received mixed recommendations on this topic and am looking for guidance that is consistent.Specifically, I lent money and had the investor/borrower/property owner place me as "Mortgagee" on their property's insurance policy.

I'm not so sure and I think some are finding out that it's not so easy.Agreed, Lane basically sweet-talked me into this thing saying it was the 'safest play' out there and an easy 10% and I fell for his b.s.   

You could also diversify your properties with a mix of long- and short-term rentals.Increase your income: The more you earn, the easier it will be to increase your net worth.

Hey Mohit, When doing research on potential areas to invest in, I would first decide whether you want appreciation, cashflow, or a mix of both.

This is because it was poorly converted, improperly done, "patched up" over time, and might have mixed up mechanicals etc.

I considered syndications which invest in car washes, self storage, multi-units and real estate debt funds but to be more passive but I've heard mixed reviews about syndications. 

Been looking into some fake grass for the project, pretty sweet stuff. 

Pretty sweet arrangement!