Hi @Asif Ali Kabiruddin RajaniBeing a non-resident, I only invest in short-term rentals because, given my current situation, it's the only strategy that's profitable enough and not too risky.

What do most do in terms of keeping rental business out of personal finances?

How come no one has created a standard form for hard money lending where the terms are easily comparable across them?

Also rental rates are dropping, and we are already seeing rental loan rates in the 5% range, I would expect to see rental rates under 5% by January.If you are going to be a real estate investor for the long term, why don't have your Real Estate License?

The long-term plan was to convert the garage to an ADU for future cash flow.I'm seeking advice from fellow investors.

This effort led to a successful sale on 12/03/2018 for $199,900, demonstrating the effectiveness of our renovation and marketing strategies, resulting in a substantial profit.

This way, you can continue scaling your portfolio, leveraging the benefits of owner-occupied financing while building equity in each property.It's a great way to grow your portfolio while taking advantage of favorable loan terms typically reserved for primary residences.

Hope this will result in a longer term stay with eac rental.

Regardless of where you are at in your investing life there is more to learn.BiggerPockets has helped me see broader issues in RE across the country as well as  different investment approaches.Another thing is reading the stories of success and failure. 

My plan is to purchase another similar mixed use property, however I run short or the 25% required down payment for commercial loan.