They underestimate the difficulty of getting the refi and are stuck with the HML long term.

That said, the only difficulties were minor.

Quote from @Chuck Lamar: Jay,Thanks, I am in the process of doing just that, as Hughes was mentioned in this article:Door to Door: How a set of broken steps illustrates Cleveland's dance with out-of-town investors"The story of Exitos Capital, ... shows the difficulty the city faces in reaching out-of-town investors – and the challenges those investors can encounter in keeping track of their holdings.The company jumped into the Cleveland market in March 2018.

Is it really difficult?  

How difficult is it to obtain investor financing for multiplex - how much needed for reserves and down payment?

How difficult is it to copy the last statement? 

There is also going to be difficulty for my new tenants to get their furniture and upstairs due to the spiral staircase hallways and thin walkways.

These help me weather a storm with low STR occupancy numbers like many are facing across the country.Higher insurance rates, STR permit fees, labor costs for repairs and cleaning, regime fees (for condos) make running a profitable STR even more difficult.  

The issue I’m running into is I’m having a lot of difficulty searching the MLS for these specific communities as they often break up into other communities and it’s hard to distinguish what road is still apart of the particular resort.

I owned a property on the Encore resort and had to sell it as the costs or taxes and the difficulty getting the guests through the prefered property management companies was very difficult.