They may want less than what you are planning to offer:)

@Mounish Thatikonda are you planning to do large rehab projects? 

@Eilon ShohamSTR and MTR can be profitable with the right business plan. 

Is there a way to protect myself and recoup any of my equity  (downpayment and any construction I plan to do) if the property by chance forecloses? 

If you don't want to occupy, there are other options that look at the income potential of the property and do NOT factor in your income, employment history or DTI but you'll have a significantly higher minimum down payment - plan on 20% to be safe.

I think my plan would be to stay on that course, not necessarily with multi units though. 

People literally believe this and plan their lives and investment approaches around it. 

If I can get from point A (drawing up plans) to point B (finishing the build and renting the cabin as an STR) I know that this thing will be a cash producing monster with a fantastic ROI.

My plan is to buy 1 STR and 1 LTR. 

Good afternoon Real Estate Experts I am planning to start commercial real estate investing later this year with the following plan: Looking to get 10-20-30-40 unit commercial multifamily with 20% down and preferred lender (the downpayment funds will be combined within 2-3 investor either to syndication or real estate fund, not yet decide it).