If called due (I’ve done several thousand probate deals and it’s happened exactly once because of my early lack of training 40 years ago) you will run the risk of needing to pay of the old loan by refi or selling.

Talk to a qualified lender to go over your intent and run over your income to see your current qualifications.They will be able to help formulate to plan of action for you to achieve your goal. 

(EMD, Pre-Look, Money goes hard when, Days for due diligence, days to close, etc.)

Anyone that is "that successful" either doesn't need to the money, so wouldn't be raising a fund, or isn't that successful, so presumably is using investor money to fund the lifestyle.But at the end of the day, I am more in the camp of Chris: if it is too good to be true, it is almost certainly not true.

@Faaz Hafid the only way to know if a deal is a good investment or not is to run the numbers.

Are you saving money.

For the past 5 years, I moved into short term rentals and Rob's expertise has helped me to become a better STR host. 

Having a diagnostic run will probably set me back an additional $300-400 to find out what the problem is (I'm guessing.)

However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,000 per month, which has made this strategy less viable.Now, I'm considering mid-term rentals (MTR) for better cash flow and less management compared to short-term rentals (STR).

@Jordan StenholmI just read a  book by Ken Honda Called Happy Money, and I interviewed him.