Twelve month interest only commercial loan at a local bank.

Unfortunately, safety in STR is becoming a major problem, that the hotel industry is capitalizing on.

@Rehaan Khan you should hook up with a local expert to learn from.

Are you planning to invest locally in California, or are you open to investing out-of-state?

In PR, understand the locals disposition to OOS investors, even those fluent in Spanish like yourself (or so I gather from Spanish language interview questions).No harm in beginning the interview process with both lender and agent today.

At all times I could sell my lots and cash everyone out with a profit.. thats how i set this up.. not the greatest returns but safety.

Assessing the time commitment and associated costs will help you make an informed decision.Market Conditions: Are you confident in the stability and growth potential of the local real estate market?

It's got a village like feel with locally owned shops and eateries.

Consider building a network of local contractors and service providers who can assist with property maintenance.

Anyone have recommendations on local lenders in Philadelphia for a LTR in the city?