I am very happy to share that Cheryl Wiltshire has won the election for Cleveland Housing Court Judge. 

And while you could elect S-Corp status for active businesses, that usually isn’t recommended for rental properties.

One thing I wasn’t totally sure from your post was whether “mid-term” meant a rental strategy (furnished, 3–6 month stays) or just your investment horizon.

@Roger Hobbes What I had in mind & meant, was to take a business credit card that has 0% financing and liquidate the card.

You also can get rates lower than 6.50% right now and you can also elect to take a 40 year or I/O interest Only for the first -3 years to help maximize the initial cash flow.

Because the board has the power to set the rules, it is clear that a new board could reverse the rule banning STR's, so we are currently trying to get a majority on the board through elections. 

If your STR has a killer cash flow - great, this is how it's meant to be!

Happy to discuss numbers or answer questions here (keeping it high-level).Disclaimer: All information given is meant to be educational.

Happy to discuss numbers or answer questions here (keeping it high-level).Disclaimer: All information given is meant to be educational.

They’d been avoiding calls, ignoring letters, and living with this quiet dread that it was all too late.Here’s what struck me: once we walked through what foreclosure actually meant — the process, the timeline, and the possible solutions — their whole mindset changed.