The state is Florida.I did not consider this first mortgage an issue because I was simply going to live rent and mortgage free in this property myself, rent bedrooms, make good money and recoup my investment in short time (netting 4k income per month if you count not having to pay my current rent).

Understand the tax implications of divesting from the properties as well as taking on seller financing.

If you ever have any questions about STR management, feel free to reach out!

@Vikram Puri - CT taxes are very high, but if you are going to invest in the state, Hartford is not a terrible focus area.

       - Does not require escro taxes and insurance.I have attempted on 2 homes to go with online lending options, Both of which fell through and were a bit of a hassle.      

Just curious, Clint....is that enough of a legal paper trail to satisfy your accountant and/or the tax man if/when necessary? 

Feel free to reach out and best of luck. 

Marked Rentals LLC, for instance, provides flexible loans with fast approval and can be a great option for real estate investors like you.Home Equity Investment: Some companies offer equity-sharing arrangements where they invest in your property's equity and you get a lump sum without taking on debt.Business Line of Credit: If your STVRs are operated as a business, you might qualify for a business line of credit, which can provide the flexibility you need for fix and flip projects.Feel free to reach out if you need more detailed information on these options or if you have any questions about flexible financing solutions.Best,Stacey Wells.

She is an experienced flipper, a real estate professional and a great designer, but wants nothing to do with tax strategies and securing funding.

Thanks in advance and if I was confusing in anyway please feel free to ask me any questions and I'll try to give more detail!