Also, in Virginia to get an actual "Lender" license as a company, they want you to have $200K in "readily accessible funds" to start your business, whatever that means.I know people are screaming for quality notes, so going the extra mile to start a business that actually creates notes on rehabbed properties for sale to owner-occupants, then selling those partial or whole notes to investors could be a good move.  

We came a long way from "i dont want to sell" already :Dya the issue is if you wanted to exit in the next 5 to 7 years could be a monetary loss.. if you can get that closer to market then its a screaming deal. 

If you scream "remove this tenant" then you must expect every tenant to be completely perfect with zero issues or incidents....good luck with thatPretty minor stuff and more on the contractor that the tenant

I’ll take a fair deal that I actually get over a screaming deal I lose anyday.

From what I've seen, it's almost impossible to follow the 1% rule in the DC area unless you get a screaming deal.

Also there shouldn't be anything like containers of gasoline in the basement or anything else that screams "hazard".For general tenant issues I strongly recommend the RI Landlord-Tenant Handbook which is basically a common language translation of the relevant laws (RIGL 34-18 Residential Landlord and Tenant Act).

It screams "I have no goals in life and watch TV most of the day". 

The issue with the low down payment loans for this strategy is that you have to get a screaming deal to make it work, and the FHA loan by its nature is NOT intended for screaming deals. 

Additionally, I have qualms on the assertion that parking/traffic is an inherently negative attribute of STRs, again, because it applied without recognizing how an owner occupant utilizes the property during their routine (maybe they have 6 cars...maybe they have deliveries scheudled every day...maybe they choose to throw house parties for their family and friends once a week).2) Density (as proposed): Wow...this one screams slippery slope and significant impacts to investors.

I was finally what people screamed about on a certain radio show that I've heard riding along in the car since I was in middle school.