Unfortunately, from a STR prospective it seems like there is less opportunity based on supply/demand and current home prices in the immediate area.

I have several CFO clients in KC and I'm based across the state in the St.

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

Quote from @Cosmo DePinto: When applying for a DSCR loan, can you base the rent off a section 8 tenant?

While I don’t plan on flipping the house, I intend to use the property for short-term rentals (STR), and based on my research, it seems like it will perform well either as an STR or a long-term rental (LTR).Any ideas on how I can source the financing or recommendations for better lenders would be greatly appreciated!

Industrial is supposed to be a bit harder to enter initially for folks who don't have capital, but the tenant base is responsible for their units (not you). 

Hey Drew based on what you said about the inspection I would do an inspection contingency that would allow you to get the seller to cover some of the expenses through closing cost credits.

Looking at your question the proper guidance will greatly vary based on the contract your current PM and you have. 

The simplest way is to base it on the market temperature of whatever city you’re researching.

As @Chris Seveney mentioned in the other thread, the qualifier for accreditation is based on 1981 prices