(2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc. 

On the consumer side with QM I can handle conventional, FHA, VA, and USDA.

If so you'll want to follow Dodd Frank and the other consumer rules.Yes, buyers will make it primary residence with mobile home or build single family. 

Also, are you meeting with a "consumer" lender or a "commercial" lender?

Did you attend educational courses to enhance your real estate knowledge?

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

:Rental 4: purchased 2024 for 240K with 20% down current est value 245K rents for 1800 a month.I have no consumer dept, I only owe on my mortgages.Some thoughts below:1.

I checked the Better Business Bureau for complaints, I checked the NJ State Attorney General consumer division to ensure he was licensed, I checked every reference he gave by visiting sites and speaking with the homeowners. 

I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and I have a deal on the table that I do not want to lose.Please advise.Thanks!

Getting one property and cashflowing it will be a challenge. you can try seller financing but you are still going to be highly levered which just enhances the risk that you are taking on.The best way to grow is to focus on managing your rental, saving money through your W2 and crushing that - if you are a realtor you will make more crushing it as being a realtor than over leveraging real estate - then save for down payment and buy slowly. its not a rush.