no one really wants to hear this though... they want the shortcut.there are also ways to recycle capital, like the BRRRR method, which works but is tough right now with interest rates so high and deals tough to find (and 10 other things, but those are big ones). 

The biggest thing you will miss out on is leverage/diversifacation plus mortgage interest deduction but as far as actual benefits outside of the above 1st time home buyer down payment assistance (many of the programs have fine print that often makes less of a good deal than just free money) no not really. 

I also invest lend on deals within my footprint. 

Thank you,Denise Agree with Jay, if it does not sell for what they want goes back to the bank and then the bank can deal with the sale at a lower price or whatever they see fit. 

Contact commercial brokers with your deal.

When you form the relationship with a broker that you've done several deals with, they can often get more exceptions done for you or be more flexible with their terms and or the options that they can find for you.

Looking to pursue some deals in the area and would like to get in touch with an agent who is specialized and experienced in the STR space.

@John Bertolonfollow the requirements of your leases and local lawthere may be deferred maintenance if this is a new acquisitionif you don't want to deal with it yourself hire a PMgood luck

Just stacking up $ for a brrrr deal at the moment.

looking back I got a decent deal but it took too long to close and I need to find a team for the long term to accumulate fourplexes or build them.I'm wondering if people involved are just washing their hands if my deal rather than grow from it.Emails from before closing were insane looking back on it.