Even if she paid $10 short for 12 months or $120 then do a non renewal if she never pays.

I'm struggling to obtain insurance on a new short term rental property purchase in IL.

It's the actual long term income, but also has short term responsibilities.Short term cash flow allows the tenant to buy the property for you, while the property appreciates. 

I thought I saw something recently about new restrictions in the Nashville area for short-term rentals?

Looking to diversify my long term rental portfolio with some STRs in the Gulf Shores/Orange Beach area but I fully admit I'm short the knowledge in that space.

I’m launching a short-term rental property management company here in the Raleigh market and would love to connect with other local managers and co-hosts.

Both short-term rentals (STRs) and long-term rentals (LTRs) can be profitable, but the path to those returns looks very different.Here’s a quick breakdown:Short-Term Rentals (STRs)Higher income potential: Nightly rates can often outpace monthly rents, especially in high-demand areas.Flexibility: Owners can use the property themselves when it’s not booked.More work (or systems): Guest turnover, cleaning, and constant marketing require either a strong management system or more personal involvement.Market sensitivity: Local regulations and seasonal demand can change things quickly.Long-Term Rentals (LTRs)Stability: Steady monthly cash flow with less turnover.Lower expenses: Fewer turnovers mean less spent on cleaning, furnishing, or marketing.Easier to finance: Lenders often prefer long-term rental stability.Less flexibility: Once you sign a lease, the property is locked in until renewal.The real question isn’t “Which is better?”

Understanding your funding options can make or break a deal. Many investors lose opportunities simply because they don’t know what’s available outside traditional banks.

I’ve seen terms all over the place lately — anywhere from 10–14% interest with points upfront.
For investors who’ve used bridge or hard money loans recently, what’s been your experience in this rate environment?
Try...

Your post isnt clear, but it sounds like you are the lender, your borrower is defaulting, and the borrower would like to liquidate the property via short sale.