If the use of the funds are for business purposes, like investing in real-estate, you will have an easier chance of qualifying for a loan documentation and income wise.

It's also good to read local business journals and visit the chamber of commerce website. 

There is a press release from them in nearly 18 months ago talking about how they had $1bn in agreements... https://fox5sandiego.com/business/press-releases/ein-presswi...In my 17 years in real estate, I have never heard of any group that had that much money committed without taking even the first step of closing on the land.

They'll be your best friend & business partner in making sure the property performs and gets the attention it needs to keep tenants in place for years to come. 

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

I am learning a lot about the business that, had I not gone through this process, I wouldn’t have learned nearly as much.

These are by far the least amount passive so do your due diligence on understanding how to run a successful STR business and researching local laws on allowing STRs.2.

If the handyman can’t get those things done in that amount of time they have no business being a handyman.

How is your RE business?

I have been in the real estate investment business my entire adult life and struggle to get a MF deal done.