It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”

Happy to have a conversation as I have extensive experience working with non-US citizens.

There are lenders who can do a cash out refinance for the new appraised value after three months so it can be a good choice for an investor who's doing a BRRRR.These loans can work for investment properties that are long term rentals, short term rentals, non warrantable condos and condotels.

Their support is non-existent.

Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.

A simple non-tech solution.

You need to target recent or currently in bankruptcy, has liens on the prop,  just had a medical event, or is late on some payment 30-60=90 days late. 

But it can be done and done successfullyAs I see it there are 4 major reasons why you'd want to rent to students:1) CASH FLOW: They pay a whole lot more than non-students.

My closing costs were non-negotiable with the seller since I bought new construction, but I would highly recommend upping your offer to talk down the closing costs; use leverage to your advantage since you are young.The funding fee can be complicated and I cannot speak on how it works exactly.

Whether it's mold, COVID, or a non-paying renter, a quality PM acts quickly and decisively to protect people, property, and the landlord.If you feel the PM was negligent in their response, you can file a complaint with the state commission.