Hi@Mark Vesu, when deciding any important financial decision always reflex on the goal you are trying to seek.  

Seek legal advice. 

This saved you a ton of money and pain. 

Obviously, you should seek professional advice to be for certain.

Hello,I am seeking a real estate lawyer for a short term rental partnership with a friend of mine.Thanks in advance,Nick

Reading meters and back-billing monthly is a pain, and ultimately if the tenant doesn't want to pay you're still stuck with meters on running full speed and have to evict.  

I have heard many reasons to seek out an investor friendly agent and it seems I will be adding this to the list!

Where would I be able to find a mentor who can help me start to create a portfolio and follow in their footsteps?

@Esther Tama and others,   Yes Esther I've heard of local credit unions offering good terms on commercial/rental loans and not being DTI (fannie under writing).Update on my cash out refi progress;- finished 2 of the 3 REFIs I started with FinOfAm, they where the worst, most painful lender / underwriting I have ever done, including bank/fannie under writing.  4 months, FOUR months to close each of 2 loans. 

Plus being across from a hospital sounds good to a nurse but bad to a vacationer seeking peace and quiet....I'd sell and buy a couple of nice quaint places that will appeal to everyone....