My credit is 800 so it was surprising.

It's supposed to ensure there are no surprises after closing.

When I converted my SFH from primary residence to rental, the process was surprisingly "turnkey" from what I recall.

There are ALWAYS hidden surprises like electric that got ran around the meter 15yrs ago, copper stub-outs off galvanized plumbing, split floor joists held together by nailed-in 2x4s, etc.

Just apply a few it has no cost to apply and see what get approved on you will be surprised they often do not even verify income fully.

@Dave IveryReal estate investment (REI) can be challenging due to factors like fears of failing, not knowing enough, money limits, surprise bills, tough competition, personal limits, problems in doing things, and fear of being turned down.

There are very workable cash out refinances and helocs that are surprisingly easy to qualify for even on investment properties.

.- Buying that first STR property in a “hot” vacation market that isn’t local therefore seems like one of the highest risk investments one can possibly make.I will not be surprised to see pain in several similar markets around the country, perhaps including certain desert locations that surged in popularity, certain lake areas, and the pain may extend to even areas like CO mountain towns, despite the fact that unlike the smokies, people do travel from all around the world and country to get there.

I'd be surprised if there is a sustainable builder in Texas that I have not at least talked to, if I don't actually know them.I am trying to develop projects that allow these folks to showcase their work so people may discover that they can live in healthy, efficient, comfortable, forever homes that don't burn,  and are insect proof and mold free. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!