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

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. 

this worked out well in the short term for us.  

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.

@Brandon Banksthanks for your detailed reply.

Grants/government assistance can be a great way to get help with the downpayment, but be cautious as some can make the loan terms worse for you.

Without knowing more details about the specifics of the project being proposed as it relates to your property, it's hard to say if there are any obvious big red flags that could negatively impact your property's future value.That being said, I would try to find out as much information as possible about the new apartment building's design and layout - the two big things I would try to ascertain would be the location of the garage entrances/exits, as well as the location of any outdoor amenity spaces (pools, terraces, dog runs, etc).  

I appreciate the detailed response!