Maxxed at 20% down, although maybe a tiny handful of DSCR Lenders are back to offering 15% down now

That would leave us tighter on the build of a tiny home than we would like.

Two years IRS returns, current 2023 income, bank statements with your $... neededSome lenders do not offer no points today due to the risks.I would NOT advise you to go ARM the difference is tiny and only God knows if rates will improve and if you qualify in the future.

Just because Dan Gilbert made a tiny bubble that somewhat resembles a functioning society doesn't mean the city is back. 

Also..........you can buy a "Tiny House".....keep it on wheels in the backyard and AirBnB it

As @Collin Placke said it's typically about capital preservation, or just because they feel like owning properties in NYC.4K is a tiny mortgage. 

Management fees start at 15% and don't offer much but managing your reservations and hand you a phone book with cleaners, maintenance people- you deal with those...So far I do everything my self and hire out cheapest tasks like mowing, some yard work and some cleanings when doubled up or tripled up.Regulations will possibly take affect this fall and limit the amount of STR's in Bar Harbor.Things to consider:Properties are muuuuuch more expensive than your average market...Lately for sale properties last less than a month on the market and get bought with cash offers...If you see a property for 300$k is likely close to full gut remodel or tiny house with no land.Taxes are high!

Rented tiny (520) sf. place to a woman my age who I really liked.  

We'll allow a TINY bit of lenience for those companies who are mentioned to respond, but if the thread is even slightly hijacked, that will be put to a stop.Thank you.

Once I start earning money, I will hire an attorney...right now my company is super tiny.