What happens if you buy the SFH and hate renting it by the room but the cost to maintain is too much by yourself.

It will take two months to turn it around and get it rented.

Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

-Do you have a property manager that you turn the home over to after purchase and they take care of everything?  

In hindsight, they gave loans to people who were terrible tenants, who weren't going to change just because they now owned a house.In response to the Great Recession, higher lending criteria was forced on the industry by the government.

Purchase price: $8,000 Cash invested: $20,000 In 2013, I put my knowledge into action by purchasing a two-bedroom home for $8,000 as a home for my mother, though she wasn’t thrilled about it.

Weekly coffee held every friday from 7-8:30 at smokey row on cottage grove held by Darson Grantham  Monthly meeting second Tuesday of every month from 5-7 at Keg Stand (they did re brand & it is named differently now) but that is where it is held.

Though my last visit turned me off with the traffic and prices.

@Jonathan Baptiste cool story glad you learned a lot.Now, multiply all that by 300+ tenants and you'll know what the average PMC has to deal with!