My girlfriend and I are rehabbing a house and we have work set to begin in the near future.

Just for future reference.If someone wants to avoid this kind of sticky situation they should consider having a Trust, A Trust is not hard to have an attorney put together and they save trouble & expenses for the heirs.

For some people this is OK since they will get use, future appreciation and a likely refinance in a few years. 

I'm just curious - we've bought one piece of land since 2018, and not likely going to buy any more in the immediate future.  

I have over 400 units and between my partners and I we have over 2k and I created an accelerator program to help, and partner if desired but one of the comments was you really don't need a sponsor for the debt in your case but possibly on operations but it's not a requirement, but if you want to check it out I'd love to work with you on accelerating your first and future acquisitions and sharing my learnings in the MF space. 

I hope to see a success story from you in the near future!

If this is the case, don't be afraid to do the bare minimum to get the space up and running, and then add items as needed over time after you have some rental income to play with.However, if you are planning on transitioning these to STR's in the future though, I'd definitely recommend getting as close to fully set up as possible before launching. 

Owning real estate in the future will be less and less lucrative. 

I have lived in the property for more than 3 years and we have been the only occupants in the home since it was built.The potential cashflow isn't the best but our primary goals were to build up the equity in the home to be able to potentially purchase other properties in the future with the chance that we may return to the house in the future.The property is in the Castle Hills area in the northern side of DFW which for those who don't know is generally a neighborhood with higher income tenants. 1. 

They wouldnt do the deal because I don't own my primary residence.... seems odd to not lend on a 1.4 DSCR property700+ creditI've been a landlord for 6 yearsThis is my second BRRRRMake $100k per year.I dont own my own residence because I moved from Pa. to Fl. and am renting until I find an area to live more permanently.Luckily the asset and my personal finances were enough for other "asset based" lenders to do the deal, and Lending one lost out on future deals.