With DSCR loans the best you'll find is 85% of purchase but the rates are so much higher than an 80% that you'll likely be going with 20% down and that program will be based off FICO score and the cash flow of the property.

You'll be back to your regularly scheduled programming shortly.

Does anyone have experience with applying, qualifying, or building with the Guaranteed Rural Rental Housing Program?

In certain Colorado markets, especially near popular tourist spots or cities like Colorado Springs & Old Colorado City, STRs have the potential to bring in higher monthly revenue, even if they require more management.

The 90%/100% programs are out there for new investors, I know of 1 maybe 2 that will provide those terms to a new investor given:Credit is 750+Appraisal numbers came in fantasticThe zip code the house is in is a favorable one for an exitI've closed or oversaw the close of 100s of bridge loans, be happy to answer any questions you may have about it.If your ARV is 550k, that means you want your max project cost to be about 398k (72.5% of ARV), if you buy for 359k that leaves hardly any room at all for rehab costs. 

Here's a quick summary:Manchester: STR demand could come from business travelers, especially near Hartford.Canton: Lower demand unless near outdoor recreation areas.Southington: Strong option with year-round tourists (skiing, Lake Compounce).Bristol: Good potential with ESPN and tourist attractions.Berlin: May have less demand unless near major highways.Focus on properties near attractions or business centers to keep occupancy high.

It has been a great first experience, it nearly paid our mortgage by itself while my wife and I went through masters programs and had our first child.

You do not know what you do not know, and most of those weekend workshops will have an upsell for another program...

One of the tenants are part of the program ran by the section 8 program in Passaic County. 

Helping the space create some norms and baselines will make the bad apples start to stink a lot sooner.Every industry's association from cleaners to Community Associations has some sort of certification or accreditation program for their members.