Think of it this way, your own personal credit is tied to your SSN and you can improve it by utilizing credit whether that is credit cards, loans from a bank, or mortgages. 

However if you find the right multi family building (let’s assume a 2-4 unit, which will still qualify for a conventional 30yr mortgage) buy at a discount and are willing to put in some sweat, you should be able to gain 10%-20% immediate equity through cosmetic improvements, such as paint, carpeting, lighting, etc.

I am a tech professional, but I also own a small Home Improvement company with my father who has been in the industry for 20ish years.

Airbnb has yielded more inquiries, to be but I will keep the property listed on both.Now that I have three consecutive months booked, I will continue to study the market, make improvements to the home, and do the best I can to provide great service to those who are staying the home.I am hoping to get good reviews.Thanks again for sharing, everyone. 

Keep in mind that my experience was over a year ago now, they may have improved (or not) since then.

Talk to a few F&F lenders about % of ownership requirements to be the guarantor, and if there's a % of ownership which REQUIRES you to be a guarantor on the loan. you can avoid this headache by being strategic as to how the loan (and the LLC) is structured while you wait for your scores to improve again. 

I'll play devil's advocate, at that price you might as well invest in multifamily units. 3-4 unit properties are selling in the low $200K and with an average rent of $700/unit, you get better cash flow and spread out risk (1/3 units vacant versus the house 100% vacant.)You do your inspections and make necessary improvements upfront to offset the risks with buying a "used" property instead of brand new construction.Alternatively, how much of a price difference between new construction and a remodeled home?

She specializes in what you seem to be after: buying up stable businesses for cheap, improving them, cashflowing and then repeating the process to keep expanding. 

By leveraging platforms like Airbnb or VRBO, you can capitalize on the tourist market and potentially generate higher rental income compared to traditional long-term rentals.Speculative Value Growth: Hollywood has seen significant development and revitalization in recent years, with ongoing infrastructure improvements and new attractions.

I made a few tweaks - here is version 1.1 - please PM and let me know if you see any major mistakes, or misplacements or have any improvement feedback.