You can purchase rentals with positive cashflow at around $120k-$180k.

Some lenders are going to want 2-6 months of lease history before lending, others can lend with just a market-rent estimate, others don't even need to show positive cashflow.Ultimately every borrower is unique, every property is unique, and therefore every transaction is unique.

So for vast majority of the history where USA enjoyed position as net exporter, innovator, world currency standard, it was NOT a title held due exclusively to the USA "greatness" as we are all force feed.     

How do i structure a jv deal here in texas, were im in the position to find and end buyer, and when i market it, a realtor presents me with a buyer??

However, it does demand solid digital marketing expertise to see positive results.

Question 2: Will conventional lenders do a rate and term on one loan if he has a second position on the house? 

Philadelphia happens to be better positioned than most to absorb life science assets because of the local human capital but look at all of the developments stalled or failing to break ground in University City because the developers can't obtain tenant commitments.

However, it does require solid expertise in digital marketing to achieve positive results.As for list pulling: you've got solid services like PropStream and Listsource to name a few

If you know already you aren’t in a position to operate the STR at the level needed to be successful, I would focus on LTR and getting experience and look to do a STR later.

Make sure the property is in a good location and cashflow positive after your PITI.