Not that it really matters.No institutional lender will give someone a loan that doesn't have:1) Credit history2) A social security number3) Income3) Employment historyYou'll want to research Wholesaling and Land Contracts.

Oh, one more thing to be wary of, section 8 contracts states that if you have long running issue and not fixing it, not only can they stop the rent payment for that unit, but for every unit in that property.and another one. 

If you are a doctor with proven income or a contract, the bank makes incredible deals that they wouldn't make for me. 

I am a general contractor that specializes in kitchen remodels and high end custom cabinetry, but I'd like to use this project to pivot into more general contracting and property development. 

Since STR “lives” on reviews, being “right” because of the contract the guests signed might be the most expensive “right” you’ve ever experienced.So what’s left for the “wanna be” STR investor in today’s market?  

I got it into contract and then had a huge plumbing failure during the home inspection.

If you are not familiar with lease applications/procedure/ and contracts, use a realtor to make sure you don't leave anything  out that can come back and burn you.

As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial intereststransferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to purchaser.If all or any part of the Property or any Interest in the Property is sold or transferred

In fact my last completed purchase (I am under contract now for a different purchase) was huge negative cash flow.  

This also leads owners to ASSUME simpler is better when it comes to management contracts.