Welcome to the forum @Chris Primavera.Seeing as you are brand new today, it would be good for you to search on the forum for those areas and read everything there is about those markets.Grab @Avery Carls book Short Term Rentals Long Term Wealth and read it. https://store.biggerpockets.com/products/short-term-rental-l...It is chock full of info that you need.

thanks for the info guys @Shawn Mcenteer can you tell me more about house hacking  and @William Halick i'll definitely be reaching out 

The office space added represents a saving of $2500 a month I was going to pay in a lease for an offsite building for my expanding team and staff.

Happy to share some info on it offline. 

Call agents/property managers in the area you're looking to invest in for real time stats like rent and pricing info. 

Given that info, I would think it makes most sense to quickly do a delayed financing to recoup most of the initial investment, or if I am wanting to get back some of the renovations and such, I should wait the 6 months and do a DSCR cashout. 

Hey @Brody VeilleuxLets first dismiss some really bad info that was stated by others:Please, do NOT tell a hard money lender you are buying an investment property and then move into it!

(I would not specify how much.)If the property needs a ton of repairs, then even buying it subject to the existing mortgage may not be enough to make this a viable deal.You need more info, and fast!

Also, real builders/experienced developers will often have a true technician, i.e. a civil engineer, architect, real estate attorney et al at least glance at the property info to make sure there are no major red flags.

I saved some money and decided to pull the plug in April 2024.