I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Although the list may seem intensive, I look at it like this: The total cost of all these items can be much lower than the cost to repair a hidden surprise after purchasing a property to flip. 

I say that because you'll need to either get an STR license if you want to run an Airbnb in that.

Need to pay down some leverage to keep that DTI healthy!

We have a strong need for nice rentals.BP is a great source of info. 

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

Yes, it needs to be your primary residence and you can only have one primary residence (where you live the majority of the time, get your mail, pay taxes, sleep at night, etc.).

I would try to portion that off as a separate loan that can be paid back quickly - you'd need to discuss your plan with the PML.

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

Happy to have you here, reach out if you need anyone to connect with!