But I do not buy bottom barrel properties in bad locations (busy roads, crime, eye-sore views) instead I focus on making a property one that the average modern family will want. 

Prices are through the roof in this current market with low inventory and single and multi family properties just don't pencil out.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Could be their parents or other family  members.

Wishing you and your family all the best in the new year. 

The property that I have, my family owns is not currently an Airbnb or a short term rental.  

Investment Info:Single-family residence fix & flip investment.

My ultimate goal is to save up enough money to invest in a fix and flip property(which my family has been doing for a while) and live in it, until I rent it out and use the equity for another home.For any real estate agents or professionals in general, how do you find consistant deals?

From google: “The Fair Housing Act (FHA) does not apply to certain types of rentals, including: Owner-occupied buildings: If the building has four or fewer units and is owned by the person who lives there Single-family homes: If the owner rents or sells the home without using a real estate agent, and they own no more than three homes Religious organizations: If the property is only available to members of the organization's religion Private clubs: If the property is only available to members of the club Senior housing: If the property is designated for people who are at least 55 years old Even if a property is exempt from the FHA, it must still comply with the law's ban on discriminatory statements, notices, or advertising.

I probably wouldn't want to use a DSCR loan then, because my interest rate on the multi-family is much lower than the current rates.