I’m aware of some (California-based) investor-friendly DSCR lenders who will only consider the NOI of the target property, and won’t consider your personal income or assets in underwriting.House hacking is an interesting (and tried-and-true!)

I have 20 % of my target purchase price , so I will try and reach out to local lenders and see if they can provide some insight 

As many have mentioned, Memphis is an excellent market to target for investing and your boots on the ground team will make all the difference. 

You should always do research to see if this is viable in your target market but generally this is less common as many people want private spaces instead of shared.

We’re targeting companies managing 200+ units, where tracking tenants and optimizing property performance can get complicated.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

@Felicia West I analyze every multi family property that comes on the market in my target investment areas.

Hence if I were in your scenario, I would be targeting properties in the Texas market, preferably at least an hour or so away.

But the red tape and the inability to scale due to the way mobiles are purchased and then not having boots on the ground where I was targeting were just too many obstacles to overcome in terms of risk.But the numbers were there. 

Most people target a number and it like a greyhound chasing the fake rabbit, you consistently move the needle and never get there.