All of our assets have significant cashflow, large built in capital gains, great LTV position, Loans are at 7 year, 10 year and 20 year balloon terms.  

So to start off, let me explain why I'm focusing on short term rentals also known as vacation rentals and not long term investment properties.

This was in 2019 when I was funded so the terms were much more favorable than they are now.

But in real , practical terms it's the bank who has claim to Deed of Trust and who truly owns that house.

I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.

They tend to have a passion for this career and are possibly long term tenants in the area.

If so, there would never be any lawsuits in the short term rental world.  

I started out with a flip house and am currently focusing on long-term rentals.

.), and any special terms in there like required to maintain minimum heat, etc. 

I have begun reading David Greene's Long-Term Real Estate Investing to ensure I do this properly.What types of data should I be looking at before choosing a market for mid-term rentals?