That is changing now with the new return to work mandates from the Federal government and Amazon HQ2 and the coming changes from the DC government to make the city more attractive to residents, but the effects of that are slow moving making now still a great time to opportunistically invest in a condo or small multi investment.

I am invested in a small multi family in TX and the management was not able to fill the property and do repairs and the income has dwindled badly.

As important as due diligence, analysis, knowledge of the property type, track record of the syndicator, correctly predicting economic trends, and timing is, the number 1 way to avoid a devastating loss is NEVER INVEST MORE THAN 10% OF YOUR INVESTABLE ASSETS IN ANY ONE DEAL.  

I am looking to get my first quadplex through creative financing. Are there any tips you might have on sourcing great deals, deal structure, and how to know whether LTR, MTR, or STR is the best route to take? My ultim...

One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.  

I got a very lucrative multi-day booking this fall, and then tried to cancel just a couple of weeks later claiming I want except her service dog which wasn't true.

You are on the right track.

They had to refinance it to basically kind of save the house now that everything is kind of on track she wants to renovate the property.

While I didn't love the 30% cut they took, I was happy to have it in experienced hands (and a lot of what they did, advised, etc. was on-track with what I had researched, discovered here and on other STR forums).

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.