However, I saw enough that I believe that the information available is so imperfect and subject to interpretation that large losses would be an inevitable part of the program, as well as large gains.  

The information contained in this post is not to be relied upon.

Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.

No one can answer that because there is almost no information in the post to help.

@Aeon Jones - Hey buddy, what type of information are you seeking regarding STR's? 

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

As a new member, I impressed and grateful to receive the information!

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

The information contained in this post is not to be relied upon.