Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

FHA is unlikely to play nice in this situation.Bank statement loans might be an option for you.

Nice!

Outside of the obvious stuff like big house and nice expensive cars, money affords you the ability to wake up to the sunrise as opposed to an alarm clock.

Quote from @Sebastian Nadal: Nice job man.

If you have a nice unit I would try to max it out if possible!

New construction, townhome style or even small simple house style - coupled with nice neighborhood amenities, and in a good school zone 

For example, an ADU is nice for a rental, but not every home buyer wants to pay a premium for an ADU on their property.This would be case by case and property dependent.

It looks like a nice house but its next to a gas station & now it won't rent or the tenant is not a quality tenant since they are willing to live next door to a gas station.4 - If its sounds too good to be true or it seems too easy, run away very fast.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.