Thank you,Aamna Hi Aamna - MTRs are certainly a newer thing and most DSCR Lenders (and pretty much all "conventional" or bank lenders) will be slow to adapt, however the more forward thinking DSCR loan providers have embraced it.I published an article here on BP just last year on the "next developments coming in 2024 for DSCR Loans" and MTR qualification was one of the main ones! 

For those following along at home, that language is found in Title 10, Chapter 1, Article E, section 6 (or 10-1E-6) in the municipal code.It reads: "The renting or leasing of real property for residential occupation for periods of time less than thirty (30) days is prohibited in any zoning district within the town, except as permitted in this title for hotels, motels and bed and breakfast inns."

There are blogs, books, hundreds of pockets here on bigger pockets that can help.

Are there any books or articles that I can read on what next steps i need to take in being an STR property manager and also how to get the property rent ready? 

There's no shortage of clickbait articles online, including many on BiggerPockets, that claim to reveal "The Best Market for Real Estate Investment."

This article outlines the benefits of alternative financing to support struggling but fundamentally sound projects and discusses the current market conditions and trends in mezzanine and preferred equity investments.Market ContextIn July 2024, the distress rate for multifamily properties securitized with CMBS financing rose by 100 basis points to 8.4%, continuing a trend of increased distress across the sector.

(Always free of course). https://www.biggerpockets.com/member-blogs/15226/103921-home...

According to this NYT article "It can cost as much as $10.5 million for a title-contending starting offense and defense in the new Power Four conferences."

Luckily I only invested $1000 in each of those.You can go to the Fund that Flip blog and they will post reports of late payments as well as foreclosures. 

This fee will be added to the assessment amountsSeveral of these programs do not allow transfers or early pay off without paying some sort of penalty.Finally, there was an article in my local paper recently which discussed issues with the Hero programs when trying to sell your home:** **Beth Mills, a spokeswoman for California Banking Association, said in a telephone interview that any program that makes homes more energy-efficient is valuable, but the financing structure is problematic.