I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

A lender is required to establish the ATR of a borrower when it will be their primary residence.

Financing Your First Flip with Low CashHard Money Loans (HML): Covers most costs but requires 10-20% down, with 10-12% interest.

These tend to attract more reliable tenants, and the properties generally require less maintenance.

Jake may also shy away from the effort and vulnerability required to build a healthy relationship.

I also require additional security deposit and sometimes a guarantor if they were approved in this manner.I also agree that this situation sounds like a pattern not a one-time mistake or short term tough situation that caused this.  

Until the conditional use permit is applied for, an operator of a short-term rental is required to apply for a short-term rental permit.

I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require  PMI which is an additional expense, and you also need  bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.

To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.

When work needs to be done, we require the tenant to provide access.