Greg, first off, congrats on an incredible accomplishment—13 paid-off rentals is no small feat!

Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligible for a Non owner occupied STR. 

It sounds like an incredible resource, for $200 having a fully designed materials and fixtures schedule to pair with a labor only GC or a GC that can work well with a prescriptive materials schedule. https://ivoryhome.co/predesigned-packages/Just curious how other people’s experience has been.

Going to depend much more on more details / your personal situation - all things equal you will probably get better rate/terms on conventional if you qualify for bothThanks I have a good credit score just trying to get rid of that PMI 

Take a look at this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% This is how likely a borrower is likely to default on credit extended to them.

I’m biased, but I’ll chime in with @James Wachob and cast my vote for Memphis.Memphis offers incredible logistical advantages: the largest commercial airport in the world, all major US railroads converging here, and a thriving distribution hub.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

I want to learn how to do this the right way, without coming across as overly focused on profits.If you have any tips or experiences to share, I’d be incredibly grateful.

I have luckily not had to contact them often but when I have, they have been incredibly helpful (every now and again I get someone that doesn't know what they are doing but no more so than any other call center I call).  

The Midwest has not one thing that is overly amazing, but it scores reasonably well in every single category.