Initially rented to long-term tenants, it generated modest cash flow of a few hundred dollars a month with a 4.25% rate.

On the tax side, I would encourage you to partner with a knowledgeable real estate CPA who can guide you through the transaction to ensure you can meet the qualifications of the STR loophole.

I agreed with what everyone has already stated here: depending on your own circumstances.

It is important that you hire professionals who have experience working with foreign investors.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I would like to hear feedback from property owners unaffiliated with the PM, especially those who own MFs as opposed to SFs. 

I agree with Chris.

With a cash-out refinance DSCR loan, you would be pulling out about $300k out of property A, and $73k out of property B with rates in the mid 6's at the moment

I’ve seen some investors focus on surrounding areas or neighborhoods with more value-add potential, as they can offer better cash flow options.Curious to know if you’re also considering multi-family properties in the area?

Prior to NH, he was living in NJ with his girlfriend.