The land is on a 20-year lease.Being in WA state, options are limited in my area and homes prices are somewhat out of reach. 

Well, I can't say specifically for RR, but I changed my Austin condo unit to str a couple of years ago.

There was a comp that was just a little better in condition that was a $650k sale within 1 year.

Hello,I purchased a 5Br/4.5BA townhome in the Windsor at Westside community in Kissimmee, FL last year.

STR with PM is not generating significant higher return (this year 2 STRs are behind if they were LTRs but we had a poor off season).- Self managing STR can increase the return compared to LTR if you do a good job.  

I also lived in downtown Watertown over 20 years ago.

Talked to the seller and he mentioned he wouldn’t mind doing a 3 year ballon payment.

This negative position can consume years of cash flow to recover.

I am exploring the possibility of not only fixing things but doing a renovation to bring an old half bath into a fully functional bath, renovate the entrance and foyer among other things and possibly even an addition to the house.

Over the years they signed up over 200 investors, primarily employees of Facebook/Meta (where Sief used to work) and Apple (where Sabrina used to work).