Unfortunately no one is going to guarantee that they'll make you a loan; there are too many things that can pop up outside of the lender's control.

However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.

This means they will have practically complete control over whom to rent, how much to rent for, and how much to charge for repairs, etc.

Being in control of the contract, understanding the market you're buying in, and securing the right  price are the foundations of a solid deal.

You will have less to invest, but you will spend within your limits.You must maintain control of your finances.

For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.

If the residence is inside a gated subdivision or a controlled-access buildingthat is governed by an owner’s association, a letter from the association acknowledging the use and grantingaccess to occupants of the rental unit will be required as part of the application.A short-term residential rental requires a Conditional Use Verification (CUV).A short-term rental use is unavailable and prohibited within a residential unit or a room within a residentialunit that is located in an apartment building.

It is also the main tool of control by the government.

One of my biggest challenges and personal goals in 2025 is to let go of some of the control. 

You have less control with a property like this when compared to other asset classes.The upside here is that it seems there is room for negotiation because of the below-market rent tenants.If you're looking to put down $200-250K, I would recommend looking into a multifamily property, especially one with additional income potential.