If your goal is cash flow, then your best bet may be to live in it for 2 years, and then take that tax free gain (250k single person, 500k married) and buy elsewhere. 

However, if the aim is simply to start basic operations or register an initial business, a virtual office can be a practical and efficient solution for the early stages.I hope this clarification helps.MontseOke yes so we are basically talking about the same thing. 

I'm sure there are other similar services out there. 2) DSCR loans would probably be your best bet.

How legit is their practice if you have an idea about it?

I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.

In my opinion, that is a riskier bet because you have to have a big pile of cash for contingencies.  

I know there are a variety of screening practices used by landlords and property management companies.

To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!

The debt may not report to your personal credit (unless you are late on or miss payments, then all bets are off)2.

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.