They have always returned principal when requested in the past, as well. 

This is after covering all expenses and setting aside a certain amount for reserves to cover future expenses like capex or vacancy. 

Quote from @Jaycee Greene: Quote from @Dave Bobka: That's right, been eyeing all of those as well was Fort Wayne, INWhat about something like this in FTW: https://www.realtor.com/realestateandhomes-detail/3207-Clint...?

But, like you say, that ship has sailed.

It sounds like you are trying to buy a second property with less of a downpayment than 20 percent.

I am also a licensed real estate agent in New York looking to become an investor as well.

Like I said I have the buyer ready to buy. 

These are all STR communities that have similar amenities, close to Disney and have various sized homes that do well in the STR space. 

So I am assuming you were the lender on these properties and they did not manage them well and they went into foreclosure.

If you're not sure of you preferred direction with your next property I would invest in understanding investing more thoroughly and read 5-10 books as well as speak to other experienced investors.