If it has something that the others don't, then perhaps.One option is to lower the price and have tenants pay for the water. 

Since there is even less documentation to look at/review with this, pricing is a bit higher than your typical DSCR LTR/STR product, however, there are numerous ways you can structure the deal to make certain the #'s work for you.

The 100 hour rule is one of the material participation options. 

As long as you're able to qualify for conventional loans, this will likely be your best option.

When I established my investor services business in 2005, I posed a similar question to numerous experienced property managers.

Flipping contracts won’t exist - it will be replaced by “wholesaler” obtaining an OPTION to purchase at a set price and selling the option.3.

I’m particularly interested in house hacking as my first strategy.I’d love to understand more about what to look for in strong investment markets, practical tips for house hacking, and the financing options available for first-time buyers.

I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. 

I've just closed on two turnkey deals in Memphis and so far it's been a good experience, so just weighing my next options and I think the BRRRR method will very likely increase my CoC return so just trying to build up some contacts should I decide to go that route as my next experiment. 

To prepare, focus on saving for a strong down payment and maintaining a solid credit profile, as both are critical for competitive financing.If possible, look into FHA or conventional loan options for owner-occupied properties, which may offer favorable terms, especially for first-time buyers.