Am thinking of converting a long term rental to a medium rental. 

The only people who benefit are the long term tenants which ultimately hurts investment in the area.  

Discipline alone won't get you there.Having a long term mindset and responsibility are keyThanks Carlos!

I also use Hospitable to manage my short-term rentals and have not had any issues thus far! 

I'm particularly passionate about off market deals and adding short term rentals to our portfolio. 

And the answer to that is yes, just not through the foreclosure process, you would use a different process.Some states call things by different terms, but look up performance deed, or deed of trust to secure performance, or some verbiage along those lines. 

Negotiations were handled efficiently, securing the property for $80,000 with favorable terms.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

2nd questions; I Just got pre approved for a non QM product: 20% down, 8.25% interest rate, 12 month pre payment penalty period, 2 points, and Conforming Conventional product: 25% down payment, 8% interest rate, no pre payment penalty, 1 point fee. 2-4 unit in Ohio.

No the rates are not on par with conventional when you figure in additional costs and pre-payment penalties.