Conventional investment loan How did you add value to the deal?

FHA is only really the better option for poor credit - otherwise a 5% down conventional loan is cheaper and less stringent.

Conventional investment loan How did you add value to the deal?

The custodian will check on the property/tenant every week to make sure everything is taken care of.

Be careful.

It's SO SO important to be careful of personal use with STRs!!

It sounds like you're in a good position to evaluate your options carefully.

Analyze potential rental income versus expenses carefully to ensure the property will generate income from the start.

Talk to lenders, but to be honest who cares if it is over 800.I've had over 800 and over 750, lenders typically provide the same rate as long as it is over 740.

I told the manager I've managed a portfolio of short-term rentals and that my previous landlord allowed me to do it and loved that it created an incentive for me to take exceptional care of the property.