I found what seemed to be a great property with a house for an STR and other space that I could expand for camping/RV sites and a barn that could be converted into a venue for events. 

Lenders stopped allowing rent by the room due to modifications done to the property resulting in functional obsolescence and significant cost to cure in the event there was a default and they needed to foreclose on the home and resell it, given that the main buyer pool for single-family homes are primary occupants. 

Cash out refinances after a 1031 exchange are not a taxable event.

A young population plus a growing industry makes for good long term investments, but unless you are really scaling the cashflow can be hit or miss. 

@Chris Morris have ALWAYS seen bad "deals" from rookie wholesalers that really don't understand what they are doing to provide value to the industry.It's getting worse because the real estate market has recovered from the 2010 Crash, yet many are still using tactics & methods developed during this time.Everyone in the industry needs to go back and look at what was being done BEFORE 2010 and start using those methods, updating them with current technology.

Before this law, however, I only accepted applicants with "garnishable" income to help protect the landlord in the event we ended up with a defaulting tenant.

Noone bring me any REALLY good deals for the next 1-15 days, or I am subject to counter claims...Real estate industry.... get your act together.

This is usually due to a credit score below the industry desirable score of 680 for a Commercial Loan.

Wishing you luck as you learn and grow in this industry!

I'm starting to realize that investing is something I want to consider learning for long term as I spend more time in this industry.