I operate across the mid-south/mid-west.

We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.

Quote from @JD Martin: If you have found people willing to lend you - someone with I assume no experience doing this, since you're here asking the question - 100% of the costs of such an endeavor for half the profits, you have found a gold mine and should look no further.

Many are personal friends of mine living just 40 minutes south here in San Diego. 

I actually took a look at your profile and made some tweaks to mine. 

Despite the house being operated for years by the prior owner as a STR. 

We have a RE attorney & mortgage broker to make sure our operation is legal & compliant.

Once it is operating, it doesn't require a ton of time, save & except when you have an emergency come up.

That’s a serious swing, and I’ve seen something a bit like this before with a friend of mine who tackled a teardown project in a quieter part of Austin.

As for one of my other operators, I am invested into REM in 3 different deals.