Hi Rick, First of all- congrats on diving in and your BRRRR deal going well! 

I'm also well-versed in creative finance.

You’ll want to make sure your cpa is well versed in short term rentals. 

The deal doesn't work as well with higher interest rates.

It worked out well for me.  

I've been hosting MTR's now for 5 years and have worked with most guest avatars and my company helps independent hosts make those B2B connections so I'm fairly well versed in the insurance displacement aspect.  

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

Now I will give my opinion on buying a four plex verses building one. 

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For our repeat clients, we even source off-market deals, something we can help you with as well.