There is not a riskier borrower to lend money to than someone who doesn't have the ability to cover the deposit for a purchase.

If you have a good cleaner, your business is going to have the ability to be successful.

Let's look at MSA median incomes, because reality is when "investing" in a MSA Real Estate, well, revenue and profitability will be DIRECTLY dictated by your customer bases ability to pay, right. 

Underwrite for the worst you'll accept and then perform to your best ability to maximize over time.

Send the mom a bill for all the trouble.

Again, your situation is unique so understanding what lending is available to you once you reduce or elimnate your credit card debt would be a good step.The reality is you have the income and the ability to make this move and own multiple properties in 2 years...BUT...you need to make some sacrifices and hard choices for the next 2 years in order to get there.

So my conclusion was that the condo-hotels are more so set up for personal use, with the ability to offset SOME of the costs by renting out the unit while you're not there.

Further, too many groups coming together can mean too many cooks in the kitchen and lack of the ability to execute the biz plan properly.You bet on the jockey first. 

By the time the project is completed, interest rates may also be higher, impacting your ability to finance your condo. 3.

I think it would be worthwhile for you to chat with your local TD branch about the ability to get a USA mortgage via TD Bank in the USA.