You'll also want to make sure you have your full team ready so you can be prepared when the right deal comes along. 

You are preparing to give them $3,000/$6,000/or maybe $9,000 when they stop paying.

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

DM me and I'll connect you with the Credit Union I send my clients to.

Plus, if you aren't able to get approved with what you've got now in terms of savings, credit, etc. you can learn on what you need to qualify so you know what to be working towards. 

Local banks and smaller credit unions are most aggressive in this space.

It is slowly rotting and needs significant repairs to get it prepared to sell to a typical home buyer for a primary residence.

Quote from @Zach Edelman: If you do a DSCR loan and vest it in an entity - you and your partner can both PG the note and it will report to neither of your credit reports, thus having no impact on your DTI! 

True re the prior poster, re this helping the seller save their credit, if you buy sub-to you will dramatically raise their FICO since the mortgage will show on-time payments.  

Be prepared for Vegas’ unpredictable winter weather!