Now, here is the catch: 1) You have to have to be self-employed, maybe an LLC or S-Corp, or just sole prop, but you have to have earned income in that business.

Situated in Houston's vibrant inner loop, it ranks among the city's most coveted and rapidly expanding neighborhoods.Job Growth: Houston is expected to add approximately 57,600 jobs in 2024, continuing its trend of robust employment growth.

It seems like the condo you linked is almost geared towards short term rentals, so you should be in the clear on this specific situation. 2) I would take a look at some STR data either via a dynamic pricing software (pricelabs, wheelhouse, etc.) or take a look at Airdna to take a look to see what is the “sweet spot” is in terms of size of rentals in your market.

Hi John,For something of this size, the seller might be willing to carry a portion, but odds are your lender wont approve of it.I would look for an equity partner if I were in your boat.

Given their size, I’m sure the broker of record has little oversight over the staff.

For example, suppose your primary residence, rental properties, and employment are all in the same area.

If you are house hacking, think about number of bathrooms, size of bedrooms and layout of the kitchen (can more than two people work in there at once and is there enough storage)?

In states that define dual agency ad the broker being the dual agent (not the actual agent) it's going to happen constantly at the medium and larger size firms.

Only nonrecourse loans will not affect your personal DTI - if you personally guarantee the debt, you're going to take the DTI hit for it unless you can qualify for it to be excluded.Find a local lender who is skilled in working with self-employed and investor clients and talk through your situation with them. 

That way there you can help speed up and increase your ARV, or rents.Since you have reserves you can either use your funds or a loan to also build an ADU or carriage home if you can find a multifamily home that offers a good size lot.