Of course, we are investors and a lot of rentals will not deserve the 'open concept'.

Thank you for the post, @Edward Condon!

the trick is that you move when DSCR in that property is DSCR 1.0 ; so this is the basic concept, once you apply to different primary, they would offset that income to 0.75 DSCR.

Quote from @George Kopp: " the borrower has agreed to personally guarantee the loan. " A borrower is legally obligated on the loan to begin with, the concept of personally guaranteeing one's own obligation is meaningless.Personal Guarantees come into play when there is an agreement to become liable for the debt of a third party or related entity.

@Jesse Edwards I think people will snap you up as a middleman on this forum:)

We’ll help pull back the curtain a bit on the biggest drivers of mortgage rates, as well as how investors can watch the market like a financial expert does.Bond Market Concepts: What Determines Mortgage Rates?

This will drive how much you can borrow.Consider More Modest Options FirstWith $200k in investments to deploy, look at starting with 1-2 short-term rental properties first to gain experience before scaling up.Explore markets closer to your mom's current location that may have lower costs but still tourism appeal.This allows you to validate the model and your ability to operate short-term rentals successfully before risking more capital.The short-term rental concept could potentially work, but I would recommend starting with a smaller, very well-researched first step to validate the model before going all-in on a larger endeavor.

@Sean O'Keefe gave you the correct technical answer.That said, I will question the whole concept of buying a vehicle "to manage your rental property."

Quote from @Edward Condon: I wouldn't necessarily call Chris Seveney a "prophet" of the note business. 

Any insights welcome here and feel free to blow up my structure because I know I've got a pretty loose grasp on all the concepts here.