@Ricardo Morales - There are many condos that do allow STR, but you have to search hard to find them, and they are (IMO) pricier because the desirability from outside investors. 

Maximum loan amount for preapproval would then most likely be 95% of an appraised value of 440k for a conventional loan, or if you've gone > 3 years without buying a home you'll qualify as "first time" so 97% LTV would boost your appraised price range to 733k. 

Many times sellers will leave out items in the expenses to boost the cap rate.Briefly looking at the monthly expenses I don't see anything for property management. 

@Mario Morales, if I were a flipper I would not split the profits 50-50. 

The boost I needed to get started in RE.Always try to provide value and you will cross paths with yours.

As I'm sure you do, I have several clients who recently purchased in SE Austin and it will get a nice boost once a good commercial shopping zone is established.

My accountant, Greyson Tax based out of NY helps me with my properties in Columbus OH, they can help "boost" your income or "decrease it" using different business formations, rentals, depreciation.

But the equity will be a boost to being able to buy BRRRR properties once I pull a HELOC.

There are a few other forces boosting that demand as well, including ever-increasing rents (which lead people to become owners instead of renters), the ability to work remotely (which in NH has created an influx of people from more expensive neighboring states), etc.On the supply side, inventory had been on a downward trend for at least the past three years, and the pandemic exacerbated the problem. 

The strong school districts really helped me boost rents.