Reaching out to all you note/CFD veterans again.It's my understanding that in certain states, for delinquent/non-performing CFD's, you must go through a standard foreclosure process (once all other methods like forbearance and modification have been exhausted).

Performance Tracking- Monitoring Metrics: We keep an eye on key performance indicators to find areas for improvement and make adjustments.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.

So lets say you own a second position loan on a property in Georgia that is performing, but the first was non-performing.

Even if it was a low performer (which it isn't), isn't it part of the game to reimagine, see the potential and make it a success? 

It performed well last year and has a proven track record.

Short-Term Rental (STR) Options: If an Airbnb on your street is performing well, consider converting your property into a short-term rental.

When you have several rentals the other performing rentals cover everything and you don't feel the stress from the one nonperforming rental.

Quote from @Matthew McLaughlin: Is this a market you believe will perform well for the next 10-20 years?

I honestly feel like the juice is worth the squeeze in STR/MTR and may even continue this strategy as I find myself to be more adaptable and capable of performing.

Do you perform regular preventative maintenance to avoid emergencies or are you more reactive?