I plan to start a group home for homeless women veterans.

I tend to pay back within 6 months, so my score bounces up pretty close to the original score after the final payment is made.

For first-time or newer investors, lenders tend to be a bit more conservative with leverage and rates because they consider experience a key factor in risk assessment. 

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Homes built before 1978 often contain lead-based paint, which poses serious health risks, particularly to children and pregnant women.

Most Helocs carry a higher rate and over a shorter term where as a Mortgage offers a lower rate over 30 years for the lowest payment.You might have a low first rate and not want to refinance but trust me the blended rate between a low first mortgage and a High rate Heloc tends to have a higher payment.

I tend not to trust Facebook reviews, but you never know.   

Traditional banks sometimes balk at it because they see it as riskier, but local credit unions or regional banks tend to be more open to it, especially if you can show a solid plan for development or resale.

Owasso is another area to consider, though prices there may be on the upper end of your budget, but the rental demand is strong due to local amenities and a community-focused environment.For a buy-and-hold strategy, these areas tend to offer good rental demand, relatively low vacancy rates, and potential appreciation over time.

If these two women were each working 15/hr, even 30 hr week jobs, they would be bringing in $900 gross each week.