Basically - any legal filings that come into play during that redemption period could cost you the house - but you wouldn't lose your money as long as you didn't default on your obligations to the court / auction.In Florida there is no inspections of foreclosed properties.  

Hey BPers,  I've been casually reading about Peer Street and Fund that Flip and am curious about people's recent and long-term experiences with these services. 

We are of the mindset that this is the best play because it takes some risk out of taking the plunge. 

That does come into play as well.Personally, given your current financials, I'd just leave it as is.

I want to create a different experience for my tenants.Outside of real estate, I enjoy my day job as a psychologist and relationship coach. 

I would just say that recently in my experience diversifying out from STR into motels/boutique hospitality has been high risk and set some people off path - it can be a very lucrative and good move - however, if you are having a lot of Success with traditional STR - it seems like a lot of people are looking back and saying they wished they stuck with that and expanded with what was already working!

You will find some good feedback based on experience from people who have done it before.

If you have experience with Kauai, i would love to get your feedback on specific zipcode/neighborhood to invest as well.

DSCR lenders will still look at your personal credit, reserves, background, and experience.

Using the LLC asset only makes more sense to me, but I've heard it from tax attorneys for example that the appraised value is what's used each year, until The Person owns 100%, then it's game over.If anyone has direct knowledge or first hand experience or can point me to a specific reference document (IRS perhaps?)