All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.

The best thing to do is have a conversation with a broker or lender (or a few brokers or lenders), see who you like working with and get a rough idea of how much you would qualify for based on verbal information. 

Why try to qualify for a deal off your W2 income if you are going to STR it?

Many home buyers have to show substantial income to qualify for homes in high priced markets like California.

A well-qualified homebuyer familiar with his local market should beat the pants off of an institutional investor any day of the week.

Like Matthew, I am only interested in the east coast with a 'small scale' new Qualifying Facility where I would retain ownership; ITCs, SRECs, etc. 

Many vendors (for obvious reasons) either wouldn’t do that or didn’t do that so I couldn’t qualify deductions from my income.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Another thing to consider is if you end up not being able to qualify for a traditional multifamily home, then you can purchase a SFH that has a casita.

It's a very common mistake where an investor sold and bought properties and then when it's tax time they find out they didn't do the right process to actually qualify as a 1031 exchange.