Play the long game, you can start small and build, just don't go to zero. 

@Emmanuel OlaIf you can get a longer term conventional loan I would choose that over a hard money loan every time - this is of course assuming the hard money loan has higher interest rate as well as a shorter maturity date

A Hotel and AirBNB are both short term rental models. 

It doesn't take long to learn how to spot a good deal.6.

I searched online but couldn't find any answers.What does the process look like and how long does it typically take?

Once I get settled, I plan to start investing in short term rentals in Auburn.

The company offers what they call "attainably priced" apartments, arguing that their rents are lower than market rate.

And if I sell it why does it make more sense in the long run, and at what price should I sell it for if it’s appraised for less than I bought it with current market. 

So there are large numbers of accountants who say it's OK as long as it is documented as an arms length transaction.In this case however, it is an LLC issue. 

Buying a foreclosure property expect that it is going to need some significant work to get it sellable - so consider it a fix and flip.Not seeing too many short sales today but be patient as they can take a long timeIf you are starting out, it depends on your level of risk as mls I would consider lower risk than foreclosure since you can actually see the property