@Sri VoodiAs long as you do none of the work on the property and hire a contractor - that’s one caveat to make sure you are compliant

For example, if someone suggests Short-Term Rentals (STR) or Mid-Term Rentals (MTR), I can manage them personally since I have the time.I'm open to various strategies, including single-family homes, multi-family properties, or niche markets, as long as they fit the above criteria.What types of properties or markets have you found to offer the best cashflow and ROI?

@Alex Silang I'd only consider a STR that makes sense with a long term tenant.

Rates and terms tend to be the same as the US. 

How long have the two of you owned the property together? 

Folks may be familiar with the terms “visionary” and “integrator”.MF teams need both.

Quote from @Carlos Lopes: Quote from @Villy Ellinger: Quote from @Carlos Lopes: yea I have noticed the overall STR performance is down for the area, but I’m trying to really see the pros and cons for long term holding.

Over the long term, RE has produced great returns.  

There's a lot of lenders that will make you feel stupid or won't explain to you in simple terms.

Goodmorning Johana,Best bet is we refinance the note and see what kind of terms we can get going on this.Typically can close fairly quickly here in texas using hard money notes.