Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

@Iris OlivasWe have financed single-family homes that were under $100k and we have also bundled some of these sub $100K properties together for commcerical loans.

My wife and I own a single-family home in a top school district.

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.

Although most of my stays are <7 days, I've had a few longer stays (business travelers and a family that was going through a full home remodel).

Fortunately lenders are starting to seeing the bigger picture and comp these additions more in-line with multi-family, rather than SFH which it is. 7842 Lasaine Ave, Northridge.

Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

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

WHATS GOING ON BIGGER POCKETS FAMILY! 

Investment Info:Large multi-family (5+ units) buy & hold investment in Plymouth.