If a mortgage, it makes no difference regarding ownership of an investment property, natural person or entity has the right of redemption.I'd have to research the technicalities of a deed of trust foreclosure.

Here’s a quick breakdown of how to approach this decision, given your situation and property:This sounds like a large, high-end home with features that don’t neatly fit the typical MTR (Mid-Term Rental) mold.You're correct-traveling nurses and standard MTR tenants usually prefer:* 1–3 bedroom units* Simpler, lower-cost housing closer to hospitals* Units priced under the per diem/housing stipend (often $2,000–$3,000/month)Your home might be overbuilt for that niche, which could mean longer vacancy unless:* You attract relocation families, insurance-displaced families, or corporate groups needing short stays.* You price creatively by renting by the room or splitting it into separate livable zones (if layout permits).Other Options to Consider:1.

I’m wondering: what is the best way to build wealth within this niche?

MGIC, Essent, and National MI have a ton of stuff if youre looking for technical things like this. 

Technically you can sometimes put as little as 20% down but lately most MF buildings that I have been underwriting in my area are requiring higher down payments.

Technically speaking this is an after tax return of ~6%.

It would require someone very experienced in this niche with a track record of success to have any hope of attracting professional investors.  

I focused on shared-room "hostel-style" listings, which became my niche since that's my personal preference when traveling solo—it's the best way to meet people and get the most out of the experience.By the time I got to the fifth property, I was stretched as thin as humanly possible.

The key is that before the property is available for rent, it’s not yet “in service,” so technically, the personal vs. rental day distinction doesn’t apply yet.

It will require finding a niche lender that is okay with accepting the structure as a commercial 5 unit or or residential 4-plex.