Some lenders may have a rehab/ construction type loan that can finance the purchase and repair costs but have a 6-18 month balloon that would require a refinance. 

It's either self-manage, or full property management, while I need something in the middle.Some more details on my situation:I own an STR in Gulf Shores, AL and the vast majority of it is automated.

Now that they are growing again, affordable supply (in terms of single family homes) can no longer be added due to labor and material costs.

Do you have funds for your next primary purchase or are you needing to tap into the equity to get closing costs and down payment?

In addition, the lender is going to incur costs including losses do to the time value of money if you stop paying and they have to take the property back.

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.

The difficult part is going to be for buyers who will have to either come up with the funds to pay their broker or negotiate seller paid closing costs to cover it

We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.We've got some great S8 tenants, but also some not-so-great ones that abuse the program.PM us if you'd like to discuss the reality of using S8 effectively...

I have about $150k cash on hand as well as I am planning to get a construction loan to cover the remaining cost of a duplex.

Maryland Dept of Health placed a lien on the property in 2018 for the costs of the care, totaling about $90K.