Typically, a Subway will go for 3.25x EBITDA.

Typically, a client that has a STR and materially participates should be able to take advantage of a cost segregation done on the property.

For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.

@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.

I would read up on "Squatters Rights" laws and how long a typical eviction takes to execute.

Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.

Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

If I had to leave a takeaway from this post before getting too far in it would be that whatever goals are had you have, we have these goals for a reason and typically it does not go exactly as planned but even if it doesn't go as planned, we can pick up where we left off and give it a fresh start.

You could go to work for a remodeler too perhaps giving bids, selling service or see if they will train you to be on a crew.You could also go to work as an ISA for one of the big wholesalers. 

Do you offer such services?