I'm considering purchasing a condo or a small SFH in the Oceanside/Carlsbad area as an investment property and renting it out on a short term rental site like AirBNB. 

I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.

I am looking to purchase an extended stay hotel.

The seller requires a cash purchase & I’m exploring creative ways to structure the deal.

However, if you’re open to purchasing an investment property before your primary residence, you could likely qualify for a DSCR loan.

Did you purchase this with a conventional loan? 

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

Purchased at 211k .

I live in Lawrenceville, GA and am beginning my first house hack, working to purchase another property by the end of the year. 

Quote from @Michael Smythe: @Zachary YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?