Am now, looking back, so glad we did that.. 

To get some insight into the development process, take a look at this thread I am writing, walking through an actual multi-family development project in SoCal: Life Cycle of a CA MF Development ProjectI am an offer of help, feel free to post questions here or you can send DM. 

I am looking to stage a cash-out refinance to occur the same day I close on a property.

Hello BP community,I am 18 years old with about 45k, and I want to invest in a rental property ASAP.

What am I missing if I purchase, improve and refinance using commercial lending?

Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

Thanks for the advice @Andrew Syrios this is definitely something I am trying to avoid.

@Mike SchorahI am not a realtor but there are a lotOf professions that require a license.

Please let me know if I am.*   I'm happy to help!

Want to make sure I am doing my due diligence in choosing the right tenant for my property.