However, as Macy's works to reinvent itself in a challenging market, the long-term success of its strategy remains to be seen.

@Chris Clothier yes we are seeing residents be less mobile recently as well (we manage 1000 doors in OKC Metro) as long as the owners keep the increase under 10% they tend to stay and renew.  

If the loan gets called, you can not force the sale of the property to cover the wrap unless the borrower has violated the terms of the agreement.

., because it is short term, 30 days or less. 

Steve,Unless you are cash fluid and have a good chunk of change to continue to buy more properties, I would tell you to pull out some cash.

For example, if someone suggests Short-Term Rentals (STR) or Mid-Term Rentals (MTR), I can manage them personally since I have the time.I'm open to various strategies, including single-family homes, multi-family properties, or niche markets, as long as they fit the above criteria.What types of properties or markets have you found to offer the best cashflow and ROI?

I know I can extract cash flow from the property even though the interest rate is not that good i can still cash flow some money and refinance in the future.

Quote from @Powell DiGangi: My guest policy is no more than ten days per month for any given person, which covers a boyfriend/girlfriend staying over on the weekends or a family member visiting. 30 days is a long time.

If you're looking to hold long term, and want to add value and cash flow, then I would consider adding the unit.It will take away some buyers, and you would need to work with your lender.

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