I want to utilize either a 2nd home type product or investment property product.

I'd avoid apartments or any costar product for that matter.

It's about creating spaces that people love, enhancing guest satisfaction, and ultimately boosting our clients' investment returns.I look forward to sharing insights, learning from your experiences, and hopefully helping many of you thrive in your own STR ventures.

We use a product called Vital Oxide in our flips to neutralize odor and disinfect.

@Gino BarbaroWe are buying smaller BTR product direct from builder at completion - typically projects with 10 to 20 duplexes per property.

I am open to other lenders and products, But currently seeking funds of $467kOne of my goals in Real Estate is to acquire and manage homes in my hometown.

You may want to opt for a different loan product other than FHA. 

On the flip side, having more choice in location with an existing product could be advantageous to both his personal life and the earnings potential; add in the second unit having the potential of being a STR/MTR and location becomes even more important.The contract/permit side CAN be challenging location by location; assuming he's working with someone who knows what they're doing, Raleigh makes it easier to get permits for these larger "small scale" projects than Durham.

The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance.

Without knowing how much of the renovations you were planning on doing yourself over time versus how much you were wanting/needing to finance up front, you would also want to talk with potential lenders about what loan products they have which could incorporate both the purchase price as well as the reno costs into the loan package.Hope this info helps get you pointed in the right direction - definitely keep us updated as you move forward with this project though!