I'm looking for advice and input on whether our initial strategy idea seems sound--We have up to $400k cash to invest in a property (this is aside from other cash reserves that we want to keep on the side).

We have seen a huge bump in reservations since the amenity upgrade.https://airbnb.com/h/stoic

Some lenders may want to see 6 months reserves on top of closing costs and downpayment. 6.

Perhaps, using the first name on the lease would reserve the funds for that lease.

You have some money, and it is wise to have cash reserves available as well as the down payment and closing costs. 

You can find a house hack locally but you need reserves and savings.

He had to cancel all of his reservations until he can get an electrician.

I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

There was an article published in the WSJ on January 25th 2001, yes a long time ago, and this was the first paragraph "NEW YORK -- Realtors, already battling Internet companies that have entered the home-selling business, are now organizing to fight a joint proposal of the Federal Reserve and U.S.

TIA.It may be more helpful to throw out a scenario like:Purchase Price:  500K20% down740 credit score6 months reserves 1:1 ratioQuote with and without a prepayment penalty and how long the prepayment penalty is.