Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.

Are you basing this solely on what you can afford, or what you intend to make on it, or your target sale price? 

Her official Facebook seems to have disappeared based on SEC documents here is what is available:Resignation of CFO, Amy VaughnOn April 9, 2020, the Company received a formal resignation from its CFO, Amy Vaughn.

Based on the numbers and my strategy, do you think this is a good investment for my first property?

Time is money in the service world and you should expect a base charge if a PMC has to send a ServiceTech to fix something that truly only take 10 minutes to do.

Note: We do 50+ investment property loans a month and the most important thing I tell BUYERS of properties being sold as or soon to be STR is make sure you are paying the market price per square foot and do NOT buy based on income approach/CAP rate.

Ours is in a rural area with strong seasonality and lots of regional vacation travellers going out for a weekend or maybe a week. 

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

If the answer to the last question is yes, I think it'll be a hard choice.I see a reasonable appreciation rate for underwriting at about 6% based on neighborhood scout, so nominally I think you'll make 10-11% if you had paid cash which means I think you'll do quite well holding on (20% returns or so). 

But make sure to build a strong core 4 if you invest out of state (deal finder, your property manager, your lender, and your contractor).5.