Hi Trey, Most lenders are going to require a minimum down payment of 20-25% for long term financing for an investment property.

The requirement is that the house meet habitability standards, and building code standards say a house must be pest free to be habitable.

in Oklahoma is a real estate license required to manage properties?

Primary residence mortgages require you sign documents stating it will be your primary residence and you'll live there at least a year.

If it is interest bearing than most states require that a portion of the interest goes to the tenant.

If that means renting it out 2x for 1 night each, then so be it.I'd recommend doing everything yourself for 2024 to meet the material participation requirements.

Modern codes might require 5 in a room like that.

If your using financing the bank requires this.

Summary: Portfolio product with 1% minimum down payment and no PMI requirement designed to benefit those heroes who serve and protect our communities.

Quote from @Lolo Druff: Just like turn signals, you should always trust, but verify that the seller is telling the truth.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).