Example, a short pay history - non-redeeming factor, a 25% down payment, a redeeming factor to counter the short pay history.

We had hoped to rent our house for short-term or mid-term stays.

In short, the current PM ended up not having a valid broker's license to be operating as a property manager in the first place, so that's on me for not verifying ahead of time. 

You could do a full MTR during the period you're gone, but for me the best and easiest way to go would be to just rent the other rooms in the house as a LTR. 

That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?

Many banks wont touch deals that are sub 90% occupancy, so you could negotiate short term seller financing to help give you runway to make the building bankable for a refinance while you reposition it.

Originally, the entire price of the academy would be refunded if you invested with RTR, but from what I can tell that has now dropped from 100% to only 90% refund (not sure why they dropped it so shortly after launching).

We rotate locks through our rentals, with a period of non-use for each lock.  

In short no change.Cash flow that was supposed to start in 2019, will now start "in a couple of years". 

I now live in Indianapolis and work exclusively with OOS investors, particularly those investors looking to acquire cash flowing small multi-family and/or short term rentals.