Quote from @Martin Jones: YouTube gurus will tell you to borrow money from someone else, but that's bad advice for a beginner.

Owner/Occupants want function and style.Investors perhaps more numbers focused...probably want numbers to work day 1.Owner/Occupants....they'll stretch to make the numbers work....what can we cut to make our dream home work for us.Personally I don't think either thinks about exit strategies too much or maybe even not enough.I would say Owner/Occupants way way more focused on cosmetics and less about maintenance. 

You can't just insert it in somewhere and expect it to work for your particular situation.There is a lot of stuff in there that is general but you need to make mods to work for you.

I respect your decision-making and the fact that you have your process.  

By making partial dispositions, you can also avoid subsequent recapture on these items when you go to sell.

I would probably take the risk at $500, but $1k feels more of a ripoff like most guru programs. don't waste your time if they don't meet your criteria there is ZERO chance they will meet this guys.. remember they make their money with you folks dreaming of making money and paying for the dream.. 

Make sure that your tax accountant understands this. 

I would have in my buyer agencies on additional terms that that there would be a minimum commission so I’m not making a few hundred bucks.

As for holding periods, some lenders may require you to occupy the property for a short time before converting it to a rental (typically 6-12 months), so check the fine print on that.If you’re set on making it an investment property, you may need to work with a lender who specializes in investment properties, even if it means a slightly higher rate.

Hello @Shania J Seibles Welcome to BP and congrats on making your first post!