Here's a bit more in detail about how rates are calculated for DSCR loans:1.

We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.

Just a heads up this will not be tax free, it will be a pro-rated exclusion.

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.

Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

I've just been swamped, showing properties, with everyone trying to tie stuff down before rates go up again.

These neighborhoods seem to fit my goals, especially with their lower crime rates and potential for growth.Do you think these are solid options, or would you recommend other neighborhoods in the Philadelphia area based on the price range and focus on appreciation?

To add to your argument I suppose the tax implications are better with RE too bc theres a capital gains tax ceiling of 20% vs standard tax rates for IRA withdrawals that are potentially much higher.