@Tal Barazani if you're looking for a lender that has many options with regard to excellent rates for investment properties in the TX area, @Tal Barazani feel free to reach out. 

This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.

Quote from @Joshua Michael Hauman: Hey BP Community,I've got a friend who is a veteran and asked for my help to get into investing and I'm more than happy to help him out however there a concern that came up.

I’m considering refinancing to lower my monthly payment to around $850 and potentially using $30k-40k to invest in one of several ways.

Hi, I'm new to passive RE investing in US.

Buying an investment property in Las Vegas @Josh Salapare could be a smart move, especially if you’re set on moving there in a couple of years.

You are also selling your own investment ("should support stable tenant demand"), but what is that based on? 

Basically you sell one investment and roll the money directly into the next investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

So they invest in real estate and watch all of the great tax losses get suspended and carried forward.The short-term rental loophole avoids this issue.