You complained about there being no money for landlords and then when the programs started to come out you refuse to accept the aidHaving to give a stranger all your private and personal information and basically beg them to allow you the privilege of not being homeless.

And to add to the mix it is my first spec, I am not a stranger to construction.

Lastly, I know more than a few legitimately "wealthy dudes" and I can tell you they all have extensive personal and professional networks that they could lend to if they wanted, at far better than 5% interest and with far less risk than 100% LTV to complete strangers.

Neighbors may not mind as much either as there will be less strangers coming and going, and it's easier to comply with any current or future STR regulations/licensing requirements/taxes. 

I don't like the idea of having an open house with strangers casing my belongings.

It’s not easy talk to strangers but typically, at least around here, people are usually very friendly

@Derek Bell obviously, you shouldn't take tax advice from strangers on the internet but here are a couple of things to discuss with your CPA about cost seg:1) any asset that is less than 2 years in service and is valued over $500K would be a good candidate2) from the above candidates, do you plan on holding for less than 4-5 years?

Well let's see ... buying a property when you don't yet understand the dynamics of real estate investing, in a market you are not familiar with, paying retail price, with no value add, and then turning it over to a complete stranger giving them complete control and trust to make or break your investment for you and keep your financial interests at heart above theirs, in a market where you'd need to hop on a plane to visit if heaven forbid anything went wrong that your PM couldn't handle and in all likelyhood caused (but never mind, that could never happen) ... yep, sounds  like a solid plan to me.That's not even to get into the economic fundamentals of supply and demand and risk adjusted returns.

And it can also have an effect on SFH, due to more cars parking on the street and strangers coming and going

They are strangers with a voice, photo, and website at this point, and its a hurdle to get over before (possibly) earning our trust.I'm sure you have at received some REI's to network with here at BP to help accomplish your goals?