Finally, we do not care about your tax returns, etc.- since these loans are primarily based off of the asset as collateral.

I think it’s the only way to go, learn a lot, you care for your property the best you can, etc.Steven

Dealing with the accountant first, who cares?

Thank you76542 is going to be the best zip code to be in. 76543 you are going to want to tread carefully and be sure to check the specific neighborhood and street you are looking at. 76549 has 2 divisions that are very different.

I don't care what anyone online says if you live there and have tenants at your home it will be a job. 

I've tried conventional and DSCR (I have no landlord experience yet, so that disqualified me from 1 lender).

Be careful of SVDP.

But unless they advertise the seller finance (and be careful as most are really bad deals), then you'll need to talk them into it.

I say, if everyone is talking about it, it's probably too late.Be careful not to reject someone's advice in a city you haven't heard of much.

If the covenant specifically prohibits renting out rooms or STRs, you may be restricted from doing so.You should carefully review the covenants tied to your property to understand the specific restrictions.