Based on income alone, I could buy a 30k lot in sky harbor and build a 2 bedroom 1,400 sq ft cabin that generates 50k to 60k in rental income all day long (if not closer to 55k to 65k).   

they'll be able to guide you on what programs are available, how much you'll need to close, what you would need to get pre-approved, etc.if you start with a house hack you're going to be ahead of the game in the long run, so it's OK to be patient for a year or two. 

If you haven't already, let me know if you want to look at any cash-out refi options for your short-term rental.

Does anyone have any info they can share about investing in properties that have had unpaid taxes for a long time but aren't on the sheriff's auction or resale list?

I specialize in single-family homes and long-term rentals that are turn-key ready in over 10 markets.If you'd ever like to connect or have any questions about turn-key investing, I'd be happy to help!

@Steve Chaparro How long before ATM's are completely obsolete?

Principal Paydown- If your loan term is say 20 years. 

Long story short if you are worried about the deductible, I would not considering it's meant for a total loss situation.

In that scenario - I would worry that our long term renters would not like that strangers are walking up their steps and entering the doorway 5ft from their front door every weekend. 

Where the owner doesn't have enough storage space, so it won't be short-term parking.