When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.

What percentage of gross revenue does an owner typically keep if they do employ a property manager?

The proud property owner/Investor would make a little bit of a difference as they go alone.

EBR housing allows around $1,300/month for 3 bedrooms.

Owner shouldn't care about your DTI.

With this strategy, we knew exactly how each house was operating and we could intervene or change leadership of the house if necessary to assure operations were going as we expected. 

As you start you will want to take into consideration that many owners and hosts use more than just AirBNb to host their properties.