They might be a good fit for your situation since DTI isn’t applicable—underwriting is based primarily on the property’s income, not your personal finances.

Important to note, this advice is geared towards those writing smaller LP equity checks as I suspect that’s where most interested investors reading these forums fit. 

Without anyone being victimized, I don't see how this would fit the definition of a fraud since its all agreed to and the borrower eventually gets the money they are owed as agreed.

As a buyer and someone who does wholesale when properties that don't fit our buy box come through our pipeline, I don't ever count other people's pockets as long as the deal makes sense to me, than why worry how much someone else is making on it.

I’ve been analyzing dozens of markets for STR, and Broken Bow seems to be a good fit for my goals.

Agreed, sounds like DSCR loan would be a good fit here as mentioned above. 

I am clearly biased in that I think PassivePockets is great - but I always recommend you join a couple communities and then settle in the one where the culture of the Community best fits your personality. 

The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!

One size does not fit all. 

. :) Keep reading and listening, and yes, doing it will be the most excellent teacher.