Two factors at play here.1) STRs generally appraise as residential homes, not as businesses based on multiples. 

You will need a RMLO to modify any residential owner occupied mortgage. 

Keep in mind that most residential mortgages are conforming loans that are resold on the secondary market and bundled into mortgage backed securities.

Yeah nonrecourse is one of those things that exists in theory but is very, very hard to find in the residential space.

Franklinton is undergoing rapid transformation, with developments like The Gravity Projects, new breweries, and an expanding arts district driving change.Safety and Future Outlook:Increased Investments: New developments bring better lighting, public spaces, and infrastructure, naturally improving safety.Community Growth: More residents and businesses create activity, discouraging crime and boosting the neighborhood's vibrancy.Police and Outreach: Enhanced patrols and local organizations address crime and substance issues.While challenges remain, ongoing investments and gentrification make Franklinton safer and more attractive.

This not only enhances your property but also builds long-term loyalty.Earning five-star reviews goes beyond having a nice property on paper—it’s about ensuring guests feel confident they made the right choice by staying with you.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I'm still here looking for small residentials :)

The only defense he has offered against the charge of being thoroughly corrupt is that he is unfathomably ignorant about the residential real estate business.