We have tenants in our building who have been there for 20+years on MTM leases.We are comfortable offering MTM leases and we like how they favor the LL, at any time you can issue a 30 day notice of non-renewal, raise rents any time and we still get first and last months rent and a security deposit equal to one month's rent at lease signing.

I always try to communicate a lot with the listing agent when writing an offer, as I like to find any pain points or wants and needs the seller has that can play to the buyer's favor.

I'm in a similar situation although we're to the point where the eviction has been decided in our favor.

Lending money would be my least favorable option mainly for the reasons mentioned earlier in my response to John.

A short term or vacation rental house can offer you the hands-off approach you want while affording you the most favorable tax benefits, potentially.

I contacted Corporate Direct and Wyoming LLC Attorney (that's the website name) and both recommend I form an LLC in Ohio then a holding company in Wyoming given their favorable laws.

I am in a different place in my life.In summary: What do you have working in your favor that gives you an advantage to do th ours 1st deal. 

If the property you are buying cash flows really well, your DTI could in theory get more favorable with the purchase.

In the long run, though, you're not doing yourself and the rest of us landlords a favor. 

And the judges even after they rule in your favor will try for “mediation” !!