Well if you go together it could split it and get basically nothing - spend $2-3k file a lawsuit and get a judgment you are first in line… Also in many instances you can slap that judgment on his personal residence as well and foreclose on that.

They could be your insight into off market deals.

Did you do this deal or was it one of your clients? 

I was hoping to see a roadmap on how to go from $100k invested on the 1st STR and the strategy on acquiring a 2nd STR and so forth.

Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.

I wish there were a hundred of these on the market.

You run the numbers on the project and stress test it.

You can use it as a downpayment on a property over $450k and use leverage tax free.

I think most investors want to win on more than just the interest rate.

What made you interested in investing in this type of deal?