We love to direct investors to the Western Wayne County because the price point to rent is still very attractive without the downside risk of 36th District Court in the city proper, or the challenges of an uncooperative city government like Warren. 

You can act as boots on the ground or take an active role in running things for someone for a small piece of the pie.

Small world, I see you're in Marin!

I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say. 

Are they direct lenders or brokers ?

How are you collecting a deposit, or putting holds on credit cards, for your STR direct bookings?

It may be possible to get a 30yr amortization, but I'm guessing you'll have to get a shorter term ARM.

What some people are suggesting above is "equity stripping" where you keep your direct equity small in case of lawsuits or other troubles.

I would really appreciate any sort of direction, links, information that could be provided.

We are seeing solid numbers and I know this market in my sleep.I also don't like the small MF space: 5 to 12 units, maybe even 24.