Many will be well educated on their housing options guided by their brands, teams and universities, and are well capitalized and qualified on a short term 3-6-12 month basis, and I actually had a client purchase a newer townhome in Tallahassee for lease to a football player at FSU..Keep in mind the top earning NIL athletes stretch across multiple men's and woman's sports. 

The system is designed this way.For any tax benefit, for instance the STR loophole, you may qualify in one year, not qualify the next year, then qualify again the year after that.

I would recommend finding a Qualified Intermediary here on BP to ask about these detailed questions.

Second Home Loan Criteria: The property needs to qualify as a second home for the lender.

I’m a residential superintendent in NYC which requires me to live on-site so, from my understating I don’t think I will qualify for a FHA loan on a multi-family because that requires me to live in one unit for a year.

However, the higher purchase price made it harder to find a buyer in that neighborhood, as they had trouble qualifying for the larger loan amount.

The payments to these programs likely do not qualify.

A 1.00+ DSCR is typically what you need to qualify and a 1.25+ will get you the best possible pricing. 

@Sam FaasTypically homes need major work and do not qualify for conventional financingAs noted they are typically overpriced.

A Qualified Intermediary (QI) is required to handle the funds and process.Selling “as is” can save you from repair costs but might lower the sale price.