You can do a duplex though, which might not be a bad idea.With your credit score, conventional might be a good choice, you only need 5% down for 2-4 units if you live in one. 

The garden unit tenants stopped paying rent, and I had no choice but to start the eviction process, which is still ongoing.

It takes time but worth it.How do you plan to finance your first property—are you looking at traditional loans, or have you considered other options like house hacking?

So, you have your choices of closed ended or open ended structures. 

I would be amazed, shocked even, if a traditional financial institution was willing to lend on a non-habitable asset up to 80%. 

I have helped Dozens of local and OOS investors buy and sell traditional investments, acquire 'house hacks' and STRs, as well as assist OOS investors with tenant turnovers, getting properties rent ready and placing tenants.Reach out anytime to discuss the KC metro and how it fits into your REI goals of providing generational wealth and eventual financial freedom

Both cater to businesses with high transaction volumes and often customize services for clients who need frequent wires and robust credit options.Ultimately, your choice might depend on the frequency of foreign wires versus domestic ones and how much value you place on credit card perks.

Creative financing: Explore seller financing or subject-to deals for your next property, which often require less upfront cash and bypass traditional lending limits.You’re on the right track thinking long-term—house hacking and leveraging your duplex are great moves.

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

I still have clients buying in Vegas, but it's not as common due to cashflows being hard to come by with the traditional 25% down financing.