Who knows...perhaps we can do business one day. 

You are in the STR business to make money, not to show a loss. 

While I appreciate the compliment, the situation is quite difficult because they paid way too much basing their price (and business plan) on an unobtainable reality.

This entails dedicating a significant amount of time and effort to the short-term rental business.

who is sending you a check.. and if they did wait for it to clear the bank before you buy anything or start any work.in the future insist they WIRE the money straight into your business account at the bank thats the safest way and how we handle all our draws.. with the exception of our Oregon sub contractors who bill monthly and keep in mind we are building a lot of houses so it 400 to 700-k a month in draws. 

@Brad Gibson - People love Hospitable for smaller portfolios, but I'm in talks with Guesty about a strategic partnership and they have a new platform coming out for smaller businesses. 

What is (or is there) a process of getting out of the business of personally guaranteeing the loans?

Some people write books, some people create online businesses, some people invest in real estate.It is, of course, the last of those that has brought me to where I am, and Next Level Equity to where it is.Through investing in real estate, I generate income in my sleep.Regardless of what I do that month – work overtime or lounge on the beach – that rent check comes in every month, like clockwork.

Most PMs are too busy to help with this, and the search for independent contractors seems to be far and few in between.

For commercial loans, we do business nationwide. :)https://www.eastbaysmortgagebroker.com/commercial-real-estat...