Would it be better to show a bank as if it were a traditional rental property with market rent leases 7000 per month.

Also, I am considering to do a hard money loan vs a conventional loan for this property and roll over to a traditional loan to occupy this property to minimize cost during any of the rehabbing.

If this is something that is commonly done, please forgive me, but I ask because, if I'm not mistaken, on traditional bank mortgages there does tend to be a penalty for early payment.

Christian Bors hey, I would love to join your group.What's the first step I need to take to sign up

I mentioned in my letter that I promise to continue that tradition, which is certainly true.

Otherwise, having a stable job (9-5) while networking and marketing can help you gain knowledge, contacts, and a traditional 30year loan down the line when you're ready to go.

Prove that you can duplicate or at least 1/2 supplement your income by the REI side hustle for at least a year, maybe 2 or 3.Solid income from your JOB allows you to get financed by traditional lending institutions and gives you power in the form of Choices.Why quit your job?  

Good as it looks, I reckon the main reason they're not more popular is that even if they'd built a traditional home on the same site, costing $100k more, it may easily have resulted in a justified $899k asking price ie. the same profit as doing it the container-way.Makes more sense for you if you're also the end buyer/occupier, saving a genuine $100k!

Vacancy can be 0-25% depending on turn over and what month they move out.Maintenance depends a bit on age of home but I would use about 0.1% to 0.2% per monthCap Ex depends on traditional (.5% a month) or private money (1%)Sales Expenses:  6-8% for closing and realtor plus about 2-4% for holding costs

I revommend going with one that you feel comfortable with and that operates as close to a traditional lender as possible, as they are unlikely to fund anything that is too risky.