It's helpful to understand the nuances, especially regarding the  block-by-block differences and the competitive buying environment during this time.

We quote based on the estimated FICO score you provide so if done right with accurately submitted numbers (property income, expenses, taxes) then the actual credit pull on loan app is the only way a rate would differ from the quote and term that is rate locked for underwriting or if the loan app is submitted in a large enough time window in which rates could have changed (we're in a dynamic rate environment so by the day and the week rates fluctuate). 

I do not recommend pulling a home equity loan as a first time investor if you are buying a fixer-upper, the current rate environment is not favorable for rehab projects that run way past their scheduled timeline and you don't want to run into a situation where your family can't meet loan payments while your house is securing the loan. 

Seems like you know the answer and need confirmation (and I am typing this from a 3/2 beach block condo in Wildwood Crest.)At 25% down purchase, even renting 12-14 weeks you would negative cash flow $3-5k month when you consider the many layers of expenses and the current rate environment.

This isn't inclusive but should give you a good start.

In today's building environment, a lot of markets don't have the necessary income for a 4-plex to support the cost of building a new one. 

Definitely a very humid environment, especially near the coast, so expect to deal with all of the issues that come with high humidity - termites, bugs, mold/mildew, wood rot, etc.

A lighter floor is going to create a more comfortable environment, but it will also create a more open environment as well.For walls, I would recommend using an off-white for the majority of the space, and adding in a light beige accent wall throughout the home.

The current market environment is such that your return can't possibly make up for the penalties and taxes you would pay. 

The MTRs are furnished so we’re providing more of an all-inclusive service (similar to STRs).