The loan proceeds would then be used to make certain improvements/enhancements to your primary residence in order to then use it as a rental. 

That makes it a multi-member LLC to enhance it's ability to protect against liability lawsuits.

Using Airbnb to rent greatly enhances your cash flow, and should cover both your PITI and paying off the loan from the seller. 

* By wrinkle I mean something done that enhances profitability but requires extra effort or sacrifice.

There are other ways to enhance this as well.Someone said once and it stuck with me, "in my market I have no competition".

Being able to use equity to further enhance the property and get its value up over $2M would be an awesome project that we would thoroughly enjoy.

Urgent cares will continue to grow due to macro trends but will remove all of that from the equation here for simplicity despite the fact it enhances the story.

Hi @Stephanie IrtoBeing fair and not predatory re: Rent to own or Lease w Option IMHO is the RTO operator charging market rent, selling at appraisal or a slight increase like 3% increase of appraisal, charging a modest option fee like 3% option fee for the opportunity to buy the property, and doing everything you can to assist the tenant buyer in being successful, including using a servicer for payments directly to owners' bank, insurance, and tax impound accounts, and referring TBer to a competent Credit Enhancement Coach to increase chances of getting mortgage home loan.Ammendments to Reg Z linkATR Ability to Repay linkExempt Transactions 1026 Section linkSummary of TILA RESPA Rule linkBelow is the DFA Housing Sections with a link to the DFA.Title VII—Mortgage Reform and Anti-Predatory Lending ActSec. 9000. 

I have a reputable company ready to enhance my training, and a mentor who has agreed to sponsoring me.

@Elizabeth Schellhammer,Apologies in advance - this won't be helpful...I'm wondering if maybe their retirement money started coming up short, so they went looking for ways to enhance it, got in touch with a shyster who said, "Oh, look - your landlord holds the house in their own name!