Quote from @Chris Watkins: Quote from @Chris Watkins: Quote from @Eric Lee: Hi all,I'm looking to acquire my first rental property and am strongly leaning towards a short-term rental while doing a MTR for off-peak seasons.

Quote from @Jaša Rot:Hey Jasa, I would imagine there are going to be a bunch of folks jumping in there to lend their expertise, so just because I'm first, doesn't mean I'm right, but: Generally that initial loan needs to be secured by real estate.

We’ve provided a toothbrush. 3 years later and it’s still going strong! 

There is a very strong effort to ban them completely from R1 zoned areas which has made it very difficult to apply for a permit unless you buy a house which currently has a permit in place.

Forbidden is strong definitive word. 

.- Build a Strong Buyers List EarlyA solid buyers list is your safety net.

If you're considering BRRRR, the FHA 203(k) loan could work for bundled purchase and renovation, but it’s often simpler to use personal funds for lighter rehab projects.You could focus on properties with strong rental potential and manageable upgrades to increase value.

You're not going to know the whole city from one visit but you may be able to identify and drive one or two strong "buy" locations for yourself.Best of luck!

That said, plenty of successful investors do it without one by working with experienced agents and focusing on building a strong network.

This is assuming that you're not even talking to the listing agent initially (skipping them) and going directly to the owner as the buyer.Thoughts?