With an HOA fee of $275mnth thrown on top, which is ROI for that as we get everything exterior covered 100% including lawn, snow, private dog park, hazard insurance, private playground etc.. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.

OTOH bathroom renovations aren't too expensive, and I am always a fan of a larger walk in shower stall. 

(Car crash, vendor hurt, dog bite, etc etc.) and none of owe LLC’s or corporations or holding companies will help you in those situations. 

If by "residential loan package" you are implying a "Mixed Use DSCR Loan" unfortunately doesn't sound like it would work since the commercial unit is larger than the residential

St Croix is larger and more residential than touurist, however.

Look for secondary or tertiary markets within a reasonable distance from larger cities.

@Timothy YangCosigning with family members can offer larger down payments and easier loan terms, but may limit future credit or access.

I really don't care to be distracted by your tax break straw dog - although I could debate how bad our tax policies are generally as I favor a flat tax and therefore eliminating all tax breaks. 

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.